this post was submitted on 18 Dec 2024
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As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world. About 1C of total warming. Second chart: about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability. Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases. About 0.5C of cooling with large error bars from SO2.

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Insurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home. (www.nytimes.com)
submitted 3 days ago by silence7@slrpnk.net to c/climate@slrpnk.net
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See Where Home Insurance Policies Were Dropped in Your State

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[–] Lemming421@lemmy.world 15 points 3 days ago (4 children)

What’s the long term plan there?

Buy for cash, rent until the next natural disaster destroys the building and… then what?

Doesn’t the landbastard have to pay for the tenants to be in alternate accommodation until the original one is returned to a liveable state?

I can’t see how that’s profitable either…

[–] thejevans@lemmy.ml 18 points 3 days ago (1 children)

They also have the money to lobby state governments to get rid of protections in the states where they have a large presence.

[–] anarchrist@lemmy.dbzer0.com 11 points 3 days ago

Besides then they can turn around and sell some of that land that's not underwater yet back to the government for "temporary" refugee resettlement tent cities

[–] grue@lemmy.world 4 points 2 days ago* (last edited 2 days ago)

Buy for cash, rent until the next natural disaster destroys the building and… then what?

If we're talking about Blackrock/large REITs, the answer is "get bailed out by the government (despite it abandoning the little people to the wolves) because you're ~~in the big club~~ 'too big to fail.'"

[–] ieatpwns@lemmy.world 12 points 3 days ago

They don’t think that far all they really care about is maximizing short term profits

[–] nickwitha_k@lemmy.sdf.org 9 points 3 days ago (1 children)

What’s the long term plan there?

It's Chicago School economics; there is no long-term plan.

[–] HK65@sopuli.xyz 5 points 2 days ago

I'd say the long term plan is a bailout.