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Sunday, 7 August 2016

The Good the Bad and the Ugly of reliance on one Industry


"The Good the Bad and the Ugly" of reliance on one Industry. Oil is hurting still, which means Oil country continues to shed jobs.

In my own backyard, Alberta 'the have' continues down the 'have not' road. It would be an opportune time to gear up, retrain and put these folks to work in the Green Revolution as per the Greenpeace report last spring which suggests:
Alberta has the potential to create over one hundred and forty-five thousand new jobs — 46,780 jobs in renewable energy, 68,400 jobs in energy efficiency, and 30,000-40,000 jobs in mass transit. Investing in the low-carbon economy would put Albertans to work right away, while diversifying the economy, reducing pollution and health care costs, and building stronger and more resilient communities in the process' 
all it'll take is for Trudeaumania to roll into town and help us out a little

Misery continues across the country
  • Newfoundland and Labrador 12.8 per cent (12.0) 
  • Prince Edward Island 9.6 (11.0) 
  • New Brunswick 9.7 (10.3) 
  • Alberta 8.6 (7.9) 
  • Nova Scotia 8.4 (8.2) 
  • Quebec 7.0 (7.0) 
  • Ontario 6.4 (6.4) 
  • Saskatchewan 6.3 (6.1) 
  • Manitoba 6.2 (6.1) 
  • British Columbia 5.6 (5.9) 
  And from the linked article
Things have changed drastically in the last two years. the massive supply glut continues to weigh in on the prices. During Asian trading hours on Friday, as of 2:31 (EDT), the US benchmark for crude oil, West Texas Intermediate (WTI) was down 1.12% at $41.46, while on the other hand its counterpart, the global benchmark for crude oil during the same time was down 1.15% at $43.78 per barrel.

Companies with smaller market capitalizations began to feel the brunt of the oil prices. In the past two years, over 85 companies have filed for bankruptcy. if the crude environment does not improve in the future, the companies might see a further increase in debt and decrease in profitability.

The current fundamentals of the crude market show that a supply glut is still there and would take some time to clear out from the market." more on Oil prices


Saturday, 6 August 2016

Prof Kevin Anderson - Double Shot:Climate change Delivering on 2 degrees' Keynote and and Interview from March 2016 on the Emerald Isle



"...so let's think where we are today 2016, in the first IPCC climate change report on came out over 25 years ago which i'm looking around here that's that's longer than some of you have been alive so for a quarter-century gray-haired or no head people have completely failed you and your future so when you see people like me to the front I should really start with a very sincere apology that we are handing you this legacy, so a quarter of a century we've known about climate change everything we need to know to act and we have actively chosen to do nothing, worse than nothing actually the carbon dioxide emissions this year will be sixty percent higher than they were in 1990

So during our 25 years of concern for your futures we've let our emissions go up so they are 60% higher now. The atmospheric levels of carbon dioxide is currently higher than is has been for about 800,000 years and probably as much as five million years but certainly 800,000 years which is about two to three times longer than any of us not any one individual but as a species on the planet"
The 1.5 Ship has arrived at it's destination. COP21: 1.5 Disingenuous Sop to the poorer Nations of the world

The Global Carbon Atlas


What I'm playing with today whilst looking into the devious minds of those Scientists who are driving the Deniers insane

Pep Canadell Executive Director of the Global Carbon Project (GCP), the first joint project of the Earth System Partnership (ESSP) sponsored by: the Interntional Geosphere-Biosphere Programme (IGBP), the International Human Dimension Programme (IHDP), the World Climate Research Programme (WCRP), and Diversitas.one of the authors of The Global Carbon Budget 2014
The Global Carbon Atlas is an online platform to explore, visualize and interpret global and regional carbon data arising from both human activities and natural processes. The graphics and data sources are made available in the belief that their wide dissemination will lead to new knowledge and better-informed decisions to limit and cope with human-induced climate change. The Global Carbon Atlas is a community effort under the umbrella of the Global Carbon Project based on the contributions of many research institutions and individual scientists around the world who make available observations, models, and interpretation skills.
1
Components 

The Atlas has three components with objectives and information relevant to different users: OUTREACH takes you on a journey tracing the history and possible future relationship between carbon emissions and human development. It is intended as an educational experience for the broad public while utilizing robust and up-to-date observations and modeling from climate change science. EMISSIONS is a tool to explore, display and download data and figures on carbon dioxide emissions from the combustion of fossil fuels, cement production and land use change over multiple decades, including their drivers. Information is available at the global, regional and national levels with tools that allow comparison, ranking and to visualize changes over time. Data from Contributors. RESEARCH provides tools to create custom global and regional maps and time series of carbon fluxes from research models and datasets. Data are contributed by many research institutions (see Contributors). This component will further advance collaborative international research on the functioning of the carbon cycle and its interactions with the climate system.


Pep Canadell


The concentration of carbon dioxide (CO2) in the atmosphere has increased from approximately 277 parts per million (ppm) in 1750 (Joos and Spahni, 2008), the beginning of the Industrial Era, to 395.31 ppm in 2013 (Dlugokencky and Tans, 2014). Daily averages went above 400 ppm for the first time at Mauna Loa station in May 2013 (Scripps, 2013). This station holds the longest running record of direct measurements of atmospheric CO2 concentration (Tans and Keeling, 2014; Fig. 1). The atmospheric CO2 increase above preindustrial levels was initially, primarily, caused by the release of carbon to the atmosphere from deforestation and other land-use-change activities (Ciais et al., 2013). While emissions from fossil fuel combustion started before the Industrial Era, they only became the dominant source of anthropogenic emissions to the atmosphere from around 1920 and their relative share has continued to increase until present. Anthropogenic emissions occur on top of an active natural carbon cycle that circulates carbon between the atmosphere, ocean, and terrestrial biosphere reservoirs on timescales from days to millennia, while exchanges with geologic reservoirs occur at longer timescales (Archer et al., 2009).




Friday, 5 August 2016

Kevin Trenberth: "Global Warming - Coming Ready or Not!"


This be that Dr. Kevin Trenberth from my last post  tale of 2 insurance companies

Businesses must recognize that climate change is happening and it will generally get warmer,” cautions Dr. Kevin Trenberth, distinguished senior scientist at the National Center for Atmospheric Research, in the white paper, titled Coping with Extremes: The Impact of Climate Change on Extreme Precipitation and Flooding in the United States and How Businesses Can Prepare Now. Trenberth is one of four leading atmospheric scientists consulted for the paper.


A tale of 2 (of many) Insurance Companies and Climate Change: AXA / FM Global


Insurance companies getting in on the Climate Change Action

FM GLOBAL
U.S. businesses, depending on their location, should start preparing now for the increased, extreme rainfall that a changing climate will almost certainly deliver. That’s the advice FM Global, one of the world’s largest commercial property insurers, offered in its new white paper published today. “Businesses must recognize that climate change is happening and it will generally get warmer,” cautions Dr. Kevin Trenberth, distinguished senior scientist at the National Center for Atmospheric Research, in the white paper, titled Coping with Extremes: 

The Impact of Climate Change on Extreme Precipitation and Flooding in the United States and How Businesses Can Prepare Now. Trenberth is one of four leading atmospheric scientists consulted for the paper. In general, wet areas of the country will likely become wetter and dry areas drier. Of particular concern, the paper states, are changes that are severe in the extremes: “Extreme events have the greatest potential to produce natural catastrophes that affect businesses, jobs and economies on a regional or global scale. 

The paper introduced several new climate-related concepts, including: Geographic variability: “Certain regions of the United States are expected to be prone to more intense precipitation events and a potentially increased risk of flooding,” the white paper states. “Others are prone to less precipitation, prolonged droughts and a potentially increased risk of wildfires. Since these anticipated changes are not uniformly distributed geographically, it is recommended that businesses and property owners prepare for locally intense precipitation or drought considerations, depending on their location.” Bigger rainfall, but maybe not more overall: Although much of the country has gotten wetter in recent decades, long-term precipitation averages will not necessarily change significantly. Rather, rain may be less frequent but more intense.
Coping with Extreme Precipitation and Flooding-FM Global Whitepaper

AXA
By 2030, 60% of the world’s population will be living in cities, which will be at the core of the climate conundrum. Now that climate change has become a reality, how will our cities and SMEs adapt to its impact? How will they manage the new economic, social and environmental risks?

What are the challenges and obstacles that are slowing down resilience efforts? These are the primary questions raised this summer with some 1,100 SME directors and urban leaders from major cities in 18 countries across Europe, the Americas and Asia.

axa PAPERS Risk education and research No.4 CLIMATE RISKS

Climate Risks Tsunami in Japan, tornadoes in the USA, earthquakes in New-Zealand, or major flooding in many parts of the world: 2011 was an extremely adverse year in term of natural catastrophes. The resulting fatalities have been numerous. As far as economic losses are concerned, 2011 was a record-breaker. 

But, is there an upward trend in natural extreme events? Can we identify what the source of this increase in losses is? Is there simply a densification of exposure in risky areas? Or is our climate system changing and making extreme weather events more frequent, more intense, if not both? 

While some aspects of the consequences of climate change are still actively debated within the science community, some facts and trends have been recently confirmed. In particular, a recent report: IPCC, 2011: Summary for Policymakers. In: Intergovernmental Panel on Climate Change Special Report on Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation specifies that some extreme climate patterns (e.g. temperature extremes, rainfall and flooding events) have changed since 1950. This paper aims to discuss the risks associated with the climate and their potential evolution from an insurance perspective. It covers, first, the latest scientific evidence on observed climate evolution, as well as available projections. 

Climate change and the associated modification of natural catastrophe patterns are a key challenge for the sustainability of the insurance industry. Insurers have to monitor, therefore, even more than they did in the past, climate risks. As natural disasters are extreme in intensity, space and time, this monitoring requires specific modelling and simulation techniques. Initially developed by the climate community, these techniques are increasingly used within the insurance industry. The paper looks into some of them. Finally, are also discussed the levers the insurance industry, building on its strong expertise, may use in order to play its economic and societal role and, ultimately, help tackle climate change.



Wednesday, 3 August 2016

NOAA:Geographical distribution of notable climate anomalies and events occurring around the world in 2015


NOAA:Geographical distribution of notable climate anomalies and events occurring around the world in 2015

State of the Climate An international, peer-reviewed publication released each summer, the State of the Climate is the authoritative annual summary of the global climate published as a supplement to the Bulletin of the American Meteorological Society. The report, compiled by NOAA’s Center for Weather and Climate at the National Centers for Environmental Information is based on contributions from scientists from around the world. It provides a detailed update on global climate indicators, notable weather events, and other data collected by environmental monitoring stations and instruments located on land, water, ice, and in space


World Bank Deuce - Pacific Possible: Climate Change



New report, Pacific Possible: Climate Change & Disaster Resilience – which looks at the potential impact of a changing climate on the Pacific Island region

The Pacific region is known to be one of the most exposed to natural hazards and climate change in the world. Pacific Island Countries (PICs) are exposed to a wide variety of natural hazards, including cyclones, droughts, earthquakes, electrical storms, extreme winds, floods, landslides, storm surges, tsunami and volcanic eruptions. Some of these hazards will be exacerbated by climate change. 

Average ocean and land temperatures are increasing, and the seasonality and duration of rainfall is changing. Over the coming decades, tropical cyclones are expected to increase in intensity, though not necessarily in frequency, and to move closer to the equator. Because of higher ocean temperature and ice sheet melt, sea level is rising, thereby worsening coastal erosion and saline intrusion and increasing the severity of storm surges. 

All these impacts adversely affects agriculture, fisheries, coastal zones, water resources, health, and ecosystems and thus threaten entire communities and economies. The mere existence of low-lying atoll island nations like Kiribati, Tuvalu and RMI is threatened by sea level rise and storm surges, since they are only 1-3m above sea level.