Extreme Weather Is the New Climate Reality | ThinkProgress
by Mindy S. Lubber, via The Huffington Post
There’s been a nasty change in the weather of late, and for businesses the forecast is simple: be prepared.
In 2011, extreme weather caused more than $148 billion in economic losses, and $55 billion in insured losses globally. A major chunk of those insured losses — more than $30 billion — were in the U.S. where 14 severe weather events caused losses of more than $1 billion each, far more than in any previous year. We’ve just lived through the warmest decade on record, seen unprecedented flash storms and flooding and watched as Texas suffered through the worst drought in its history.
Just a normal variation in the weather? “No,” is the overwhelming scientific consensus. Human activity is changing the climate, and the climate is changing the weather. Buckle up. It’s going to be a wild ride. And virtually every business in every sector of the economy is vulnerable.
Mindy S. Lubber is the president of Ceres and a founding board member of the organization. She also directs Ceres’ Investor Network on Climate Risk (INCR), a group of 100 institutional investors managing nearly $10 trillion in assets focused on the business risks and opportunities of climate change.
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Mindy holds a master’s in Business Administration from SUNY Buffalo and earned her law degree from Suffolk University. She resides in Brookline, Mass., with her husband and two children.
1 comment:
Natural disasters rise because we have entered a volcanic COOLING period, when COLD winds cause more downpours/floods etc, and in-between COLDER seas leave less vapour, thus more droughts: basic meteorology, hushed up by parasitic ecofascists.
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