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From the article, regarding sea level rise: When ice shelves lose large chunks, it does not raise sea level because these bodies are already afloat. Howeve
by zaken 10y ago
From the article, regarding sea level rise:
When ice shelves lose large chunks, it does not raise sea level because these
bodies are already afloat. However, the loss of an ice shelf can speed up the
seaward flow of the nonfloating glacial ice behind it, and this ice can in turn
contribute to sea-level rise. Researchers have estimated that the loss of all
the ice that the Larsen C ice shelf currently holds back would raise global
sea levels by 10 centimetres.
- dleslie 10y agoThe faster that levels rise the sooner we are to get off our collective asses and make a difference.
- darawk 10y agoTrue, but the longer we have to sit on our asses, the more likely we are to succeed in our effort to make a difference when we finally get around to it (due to technological progression).
- omosubi 10y agoI wouldn't count on this - markets don't seem to care about sea level rise at the moment
- pohl 10y agoThe wealthy do love their ocean-view properties, though.
- Cshelton 10y agoThe wealthy can afford to move their properties back/up a few feet.
- sytelus 10y agoGood point. Intuitively I think markets would attempt to approximate probability * cost i.e. expected cost. However there is something intensely wrong how market is functioning with environmental issue. It appears that markets is trying to view the expected cost as debt that needs to be paid in future. The value of debt would be much larger in future but markets seems to be ok with current return. This could be a great theoretical hole in efficient markets theory.
- jedbrown 10y agoReinsurance is definitely concerned about sea level rise. Here is an example presentation from SwissRe showing their estimates of the increasing damages due to climate change (e.g., slide 7). http://www.miamidade.gov/planning/library/presentations/2014-02-11-swiss-re-climate-change.pdf http://www.miamidade.gov/planning/library/presentations/2014...
- enraged_camel 10y agoYou realize poor nations will get fucked over disproportionately, right?
- igf 10y agoWhy? They don't have anything to destroy anyway.
- andrei_says_ 10y ago... Make a difference for the generation after the next. Maybe.
- diafygi 10y agoYou seem to have stumbled upon my favorite climate change joke: They say humans won't act until it's too late... Luckily, it's too late!