Wednesday, November 07, 2012

Adapting to climate change is less costly than spending trillions on emission targets - The Economic Times
...population is booming and property prices skyrocketing in all old coastal cities including Mumbai and Chennai. Beachfront properties are affordable only by millionaires.

So, people's words suggest fear of global warming, but their wallets suggest no fear at all. What explains this duality? Greens complain that people are not sufficiently aware of climate change. But people who buy urban and beachfront property are not illiterates who haven't heard of global warming. They are among the richest and savviest, the sort most likely to worry about climate change, not just as a global problem but as one threatening their investments in coastal industries, flats and beach resorts.

Can humans be so myopic that they ignore long-term warming threats? No, if this were true, you would not have such a wide consensus on warming. Bloggers across the world say Hurricane Sandy shows a warming disaster is already upon us. The alarm of a thousand green blogs is hardly contested by sceptics. Yet, words of warning are not matched by withdrawal from the coast. Not even Al Gore, green Nobel laureate, is withdrawing from his coastal residence in Delaware.
Scientist Says Used Car Tires Could Prevent Future Hurricanes [VIDEO]
Stephen Salter, an emeritus professor of engineering design at Edinburgh University, wants to use a cluster of used car tires that support giant tubes that extend as deep as 100 meters into the ocean. Salter has patented this idea with the help of Intellectual Ventures, a company that holds a large number of patents, founded by Nathan Myhrvold and backed by Bill Gates.
Japan Takes Different Tack on Climate-Change Efforts -
Japan now says it won't accept binding emissions targets unless major polluters like the U.S., China and India accept similar restrictions.
Money kept climate change out of the campaign - YouTube
[90-second video] With oil and coal money infused in both campaigns, Al Gore points out that the issue of climate change — on everyone's mind again after Hurricane Sandy — was a glaring omission in the debates.

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