Tuesday, June 25, 2013

WE SEEM TO HAVE LEVELLED OFF

Global warming has hit a plateau over the last 15 years and that leads some radical conservatives to repeat their false claim that it was all a hoax.  People with real money on the line aren't so sure:
Warming oceans make parts of world ‘uninsurable’, say insurers
By Alistair Gray and Pilita Clark in London
June 24, 2013 8:48 pm
FINANCIAL TIMES

Insurers have issued a rare warning that the speed at which the oceans are warming is threatening their ability to sell affordable policies in a growing number of places around the world.
Parts of the UK and the US state of Florida were already facing “a risk environment that is uninsurable”, said the global insurance industry trade body, the Geneva Association.

The number of weather catastrophes worldwide has risen noticeably over the past 30 years, according to data from Munich Re, the reinsurer. They show a trend in the numbers of storms, floods, heatwaves, droughts and forest fires that has risen from about 300 a year in 1980 to about 900 in 2012.

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