Hmm
I'm recalling CM's first response to this thread . . .
I post the things I come across somewhere else . . . and lately try more to limit my comments
If there are any 'politics' involved, then it might be in my choices of what to share . . . so not always my words. Someone else's --- if I can
To put it Another Way
You can respond to me if you like --- but I would ask any Thoughtful Person to respond to what I present . . .
. . . to consider:
How much CO2 a gallon of gasoline produces . . . regardless of the vehicle
The measurable reduction in the number of plants and animals out-and-about --- and what their contribution to our environment is . . . or isn't
Is it smarter to control guns? or bullets? Cars? . . . or gasoline?
And when a certain Exxon physicist says that his employer was considering the effects of CO2 on the environment 40 years ago, what would you make of that? (Uhhh --- and I'm not a physicist)
You can always shoot the messenger. Or? . . .
. . . consider?
As for my 'Espo-Resto gas guzzling 911 that emits more than a 100 new cars' . . .
. . . I try to make up for it by driving a 52 MpG turbo-diesel --- used, of course
And, yet . . . here you are. I suppose I should appreciate your responding
Unfortunately, it's usually impolitic comments that spoil threads
So --- consider . . .
. . . what would a Thoughtful Person make of your post?
Thanks for writing
...........
I don't think this thread is political, just a public awareness message. Sort of like the caloric intake label on a food item.
Although all these articles are meant to make "US" feel guilty while huuuge emitters carry on.
eg. We are made guilty to pretend that we are actually recycling plastic while Coke and the rest pump plastic bottles out which will eventually end up being shipped to africa from our recycling bins.
Quiz: How much packaging do you need for Amazon to ship you a keychain?
I can guarantee that no one will be able to drive a 2023 Tesla 50 years from now.
David
'73 S Targa #0830 2.7 MFI rebuilt to RS specs
. . . = why I have a teeny-weeny plastic tree . . .
. . . + itsy-bitsy plastic lights . . . LED, natch
..................
I had a business Prof ask this question, once
'What's the difference between gambling --- and insurance?'
His answer?
'In gambling --- you assume the risk
In insurance --- you pay someone to take the risk for you'
Well, it looks like the insurance companies are taking an old-fashioned look at their risks:
https://report.firststreet.org/9th-N...ance-Issue.pdf
And if you live in California? --- the 5th largest economy on the planet . . .
. . . they're giving that risk back
'. . . The state that is the most active in terms of climate mitigation policy (CA.gov, 2022), does not allow insurance companies to account for the increased risk from climate change when calculating premiums . . .'
I know-I know --- climate, schlimate
But whatever you wanna call it, the Insurance Companies see what the associated costs are
And as we all know, economics will trump politics --- and opinions about either . . . every time
Just wait 'till they get to Florida
.
Last edited by LongRanger; 10-24-2024 at 03:46 PM.
'. . . January wildfires in Southern California have created significant property damage and destruction that few could have predicted — except for insurance companies, who pulled policies months before the blaze.
. . . CBS News, citing data from the California Department of Insurance, reported around 1,600 home insurance policies in the Pacific Palisades — one of the hardest-hit areas — were dropped by insurer State Farm in July.
That's in addition to the over 2,000 policies halted for other customers in nearby neighborhoods, including Brentwood and Calabasas, in 2024.
Insurers have been ending coverage, upping the price of renewals, or making policies unavailable to new customers up and down the United States because of extreme weather events — which are exacerbated by a warming climate — posing greater risks to the safety and security of homes.
Whether it's wildfire cover or hurricane protection, homeowners are finding it increasingly difficult to access a financial safety net for their properties should the worst happen — as it did in Southern California . . .'
. . . The insurance crisis has left some spending over the odds for coverage with their existing insurers, avoiding insurance entirely, or going with insurers of last resort, which offer some amount of coverage to people in high-risk areas, often at high costs.
CBS said 1,400 of the 9,000 homeowners in the Pacific Palisades were on California's FAIR Plan, the state's insurer of last resort.
This is causing financial hardship for some residents, or it's leaving homeowners without financial protection should their homes be damaged or destroyed by extreme weather. These conditions are getting worse because of a warming climate, making wildfires and hurricanes stronger, longer, and more likely.
The lack of insurance coverage is also leading to falling property prices. According to a Senate report, collapsing values across the country have "the potential to trigger a full-scale financial crisis similar to what occurred in 2008."
CBS said January's wildfires are expected to be "the costliest" in history, with many high-value properties affected. Property values in the Pacific Palisades average $3.1 million, with the outlet citing real estate information from ATTOM Data.
. . . Ultimately, some intervention needs to happen at the government level to protect homeowners and pressure insurance companies into continuing to provide vital coverage without extorting customers. You can write to your local representative to encourage action on this increasingly problematic issue . . .'
https://www.yahoo.com/news/insurance...103018263.html
...........
Estimates put the reconstruction at something like $250B. The structures were mostly wood. With the new 25% tariffs on Canadian lumber and manufactured products like trusses and other engineered lumber, expect that $250B figure to balloon. The US has plenty of timber, but not a lot of manufacturing capacity to turn it into building supplies. So prices will skyrocket.
It's gonna be very, very expensive for the right to live in the LA area.
Ravi
Early 911S Registry # 2395
1973 Porsche 911S in Light Ivory 5sp MT
2023 Porsche Macan GTS in Gentian Blue 7sp PDK