California Real Estate At Risk From Climate Change (?)
Posted on November 15, 2008
Save us from hysterics, who probably just want money: Report: Climate change threatens half of California
A University of California, Berkeley, report released Thursday estimates that $2.5 trillion of California real estate is threatened by climate change.
Real estate and insurance represent the largest sectors at risk from climate change in the state, according to the report. It found that the state has $4 trillion in real estate assets, of which $2.5 million (WT: I assume that is supposed to be “trillion“) are at risk from extreme weather events, sea level rise and wildfires. The projected annual price tag is $300 million to $3.9 billion over this century, depending on how the global temperature rise.
Sigh. Apparently there were no extreme weather events and wildfires in California prior to global warming from SUVs. And the sea level thing has pretty much been a farce. Little proof. Supposition, yes. The sea levels have gone up before during warmer periods, and gone down during colder periods. But even the UN IPCC reports do not go farther then a sea rise of a couple inches. Which has, again, happened before.
Californians should worry instead about environmental policies that increase the severity of the wildfires, because they aren’t allowed to manage the brush, aren’t allowed to clear the dead wood, aren’t allowed to create fire breaks, and aren’t allowed to do proscribed burns, among others.
They should worry about the massive amounts of illegal aliens, quite a few who are criminals. They should worry about the policies that create rolling blackouts. They should worry about the policies that create sky high prices. All liberal policies.
» Filed Under Border Control/Homeland Security, Energy, Fiscal Responsibility, Global Warming, Illegal Aliens/Immigration, Liberal World, Multiculturalism/PC, News, Social Engineering, Stupidity, environmentalism
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Great bit of reporting here…
• A study funded by the “nonprofit” Next 10 foundation forecasts catastrophic consequences for California from Global Warming with HUGE economic costs – BILLIONS. Which you (of course) happily reprint word-for-word (oh no, we have to do something to stop global warming this is terrible where’s my checkbook!)
• But wait, Next 10 (the “independent, nonpartisan” organization) was founded by venture capitalist and philanthropist F. Noel Perry
• In addition to his other venture capital investments that stand to gain from the anthropogenic global warming SCAM…
• He is also a founding director and former vice chairman of Conservation International, Stipa Investments, Social Venture Network and Investors’ Circle…ALL of which make/made MONEY off of the global warming scam being hyped by every environmental organization…but wait, the icing on the billion dollar cake…isn’t Investors’ Circle a “network of over 200 angel investors, professional venture capitalists, foundations, family offices and others who are using private capital to promote the transition to a sustainable economy. Since 1992, Investors’ Circle has facilitated the flow of over $130 million into 200 companies and small funds addressing social and environmental issues.”…why yes it is! http://www.investorscircle.net
• So that means that this “study” full of disastrous climate projections you reported on as NEWS, produced by the wonderful independent and nonpartisan Next 10 foundation (sounds so wonderful and caring – and a non-profit too, who could question their motives since they’re non-profit), was founded and funded by F. Noel Perry who also happens to be betting on making MILLIONS off of his investments through Investors’ Circle which targets companies that aid in the “transition to a sustainable economy”…aka global warming…
So he hypes the global warming scam through his nonprofit firm while his for-profit investor firm rakes in millions – how stupid are you people in California. Too bad you don’t have any real reporters to uncover some of this.
Anthropogenic Global Warming is a SCAM and reporters are all fools.