Showing posts sorted by relevance for query CLIMATE CHANGE. Sort by date Show all posts
Showing posts sorted by relevance for query CLIMATE CHANGE. Sort by date Show all posts

Wednesday, October 25, 2023

Saturday, February 08, 2020

Majority of US adults believe climate change is most important issue today

Majority of US adults believe climate change is most important issue today
Infographic: Majority of U.S. Adults believe climate change is most important issue today. Credit: American Psychological Association
As the effects of climate change become more evident, more than half of U.S. adults (56%) say climate change is the most important issue facing society today, yet 4 in 10 have not made any changes in their behavior to reduce their contribution to climate change, according to a new poll by the American Psychological Association.
While 7 in 10 say they wish there were more they could do to combat , 51% of U.S. adults say they don't know where to start. And as the election race heats up, 62% say they are willing to vote for a candidate because of his or her position on  change.
The survey was conducted online from Dec. 12-16, 2019, by The Harris Poll on behalf of the American Psychological Association.
People are taking some steps to combat climate change, with 6 in 10 saying they have changed a behavior to reduce their contribution to climate change. Nearly three-quarters (72%) say they are very or somewhat motivated to make changes.
Among those who have already made behavior changes to reduce their contribution to climate change, when asked why they have not done more, 1 in 4 (26%) cite not having the resources, such as time, money or skills, to make changes. Some people are unwilling to make any changes in their behavior to reduce their contribution to climate change. When those who have not changed their behavior were asked if anything would motivate them to reduce their contribution to climate change, 29% said nothing would motivate them to do so.
Majority of US adults believe climate change is most important issue today
Infographic: Most common behavioral changes people have made or are willing to make to reduce their contribution to climate change. Credit: American Psychological Association
Concern about climate change may be having an impact on , with more than two-thirds of adults (68%) saying that they have at least a little "eco-anxiety," defined as any anxiety or worry about climate change and its effects. These effects may be disproportionately having an impact on the country's youngest adults; nearly half of those age 18-34 (47%) say the stress they feel about climate change affects their daily lives.
"The health, economic, political and environmental implications of climate change affect all of us. The tolls on our mental health are far reaching," said Arthur C. Evans Jr., Ph.D., APA's chief executive officer. "As climate change is created largely by , psychologists are continuing to study ways in which we can encourage people to make —both large and small—so that collectively we can help our planet."
Psychological research shows us that when people learn about and experience local climate impacts, their understanding of the effects of climate change increases. A quarter of those who have not yet made a behavior change to reduce their contribution to climate change say personally experiencing environmental impacts of climate change (e.g., ) (25%) or seeing environmental impacts of climate change in their community (24%) would make them want to try to reduce their contribution to climate change.
Majority of US adults believe climate change is most important issue today
Infographic: Reasons people report for not doing more to address climate change Credit: American Psychological Association
The most common behavior changes people have already made or are willing to make include: reducing waste, including recycling (89%); upgrading insulation in their homes (81%); limiting utility use in their homes (79%); using , such as solar panels or purchasing electricity from a renewable energy supplier (78%); consuming less in general (77%); or limiting air travel (75%).
Adults are less likely to say they have changed or are willing to change daily transportation habits (e.g., carpool, drive an electric or hybrid vehicle, use public transportation, walk or bike) (67%) or their diet (e.g., eat less red meat or switch to a vegetarian or vegan diet) (62%).
A majority (70%) also say that they have already or are willing to take action such as working with their community to reduce emissions, for example by installing bike paths, hosting farmers markets, or using community . And nearly 6 in 10 (57%) say that they have already or are willing to write or lobby elected officials about climate change action with a similar proportion (57%) saying they already have or are willing to join an organization or committee working on climate change action.
The most common motivations for behavior changes among those who have taken action to reduce their contribution to climate change are wanting to preserve the planet for future generations (52%), followed by hearing about climate change and its impacts in the news (43%).
Scientists seek urgent action on impacts of climate change on reptiles and amphibians

Tuesday, March 25, 2025

Senator Whitehouse’s Climate Crisis

Property Insurance-RE Collapse Scenario



Real estate has become climate change’s biggest victim. Climate change is attacking America’s most valuable, biggest asset class. For the first time in history there are regions of the country where major property insurers have dropped coverage altogether as elsewhere rates are on the climb, pricing some buyers out of the market.

America’s politicians punted on tackling climate change decades ago, except for Senator Sheldon Whitehouse, who has masterfully delivered more than 290 “Time to Wake Up” climate speeches to the Senate, calling out deniers and demanding bold action. If Congress had been composed of “Whitehouse intellect,” the world climate system would be in much better shape today. And not threatening the American Dream of Homeownership.

At a Senate confirmation hearing for Trump appointee Michael Faulkender as Deputy Treasury Secretary, Senator Whitehouse opened up all firing cylinders, blasting away like there’s no tomorrow, which may be where we’re headed after listening to the senator’s scolding rendition of how Congress has failed climate change impacting the financial system and US economy. In short, climate change is raising hell with the financial system as US property insurance goes up in flames.

In his opening remarks, the senator referenced “very dark economic storm clouds on the horizon,” because of climate change which the administration cannot seriously address because massive political funding has made it “an article of faith to deny climate change,” in fact, claiming “it’s a hoax.” This perverse attitude is now holding America’s homeowner’s hostage.

Interestingly, over past decades, scientists have gotten it right, even the Exxon scientists got it right, meaning, fossil fuel emissions (CO2) cause climate change. Nevertheless, Congress has failed to act because of pressure by fossil fuel interests, including the “largest campaign of disinformation that America has ever seen,” as dark money spills out all over the place. As a result, all serious bipartisan efforts on The Hill on climate change have been squelched. Poof!

Disinformation, disinformation, disinformation has been the guiding light of climate denialism. It’s a hoax; it’s a hoax; it’s a hoax; it’s fake news; it’s fake news, repetition creates fact.

As the senator and the Trump appointee discussed in a meeting beforehand in the senator’s office, the consequences of climate change are severe based upon professional risk judgement where fiduciary responsibly is considered. For example, the chief economist of Freddie Mac told committee hearings we are headed for a “property insurance collapse” that will cascade into a crash in coastal property values that will be so significant that it will cascade into the entire economy, same as 2008. That’s the warning on coastal properties. Additionally, wildfires have now added new property insurance risks that are far removed from coastal property. Climate change knows no boundaries as congressional ineptness and timidity to challenge it clobbers American homeownership.

Senator Whitehouse offered one example after another of how climate change is undermining the financial system of America.  In a recent Senate banking committee hearing, the Fed Chairman said there will be “areas of the country where you can’t get a mortgage any longer” because of climate change; a very stern warning that something has to change.

Also, as related by the senator, the Financial Stability Board, the entity that warns the international banking system of impending issues gives the same warning that “property insurance has become a major risk to the survival of the economic system.”

And even closer to home base, meaning Congress itself, a recent bipartisan CBO (Congressional Budget Office) report identified fires, floods and climate change in toto, threatening to undermine our financial system. Yet, Congress ignores its own warnings.

And The Economist magazine cover story in April 2024 depicted climate damage undermining insurance markets and threatening the biggest asset class in the world, RE. predicting a 25 trillion dollar hit to RE because of climate change.

Senator Whitehouse: “The lie that climate change is a hoax is no longer just an act of political malfeasance. It is now an act of economic malfeasance.” Climate change is hitting America’s pocketbooks throughout the country like an early summer thunderstorm crackling in the sky.

The financial-Wall Street-economic impending upside down collapse due to radical climate change should be item number one on Congress’s docket to do whatever is necessary, but it’s not even given a glancing look. Yet, the insurance industry is feeling the heat; homeowners are feeling the heat. Mortgage companies are feeling the heat. And Wall Street is starting to feel the heat. Can the Trump climate hoax syndrome, “ignore it, it’s not real… it’s fake news” hold up in the face of extremely severe financial strain impacting the world’s largest asset class, real estate?

“President Trump issued an executive order aimed at dismantling many of the key actions that have been undertaken at the federal level to address climate change. The order, ‘Promoting Energy Independence and Economic Growth.” (“Trump Issues Executive Order on Climate Change,” Sabin Center for Climate Change Law, Columbia Law School)

“Nobody’s Insurance Rates Are Safe From Climate Change,” Yale Climate Connections, January 14, 2025.

“Property Values to Crater Up to 60% Due to Climate Change,” Business Insider, Aug. 9, 2024.

“U.S. Department of the Treasury Report: Homeowners Insurance Costs Rising, Availability Declining as Climate-Related Events Take Their Toll,” U.S. Department of the Treasury, January 16, 2025.

“Next to Fall: The Climate-driven Insurance Crisis is Here – And Getting Worse,” Senate Budget Committee, Dec. 18, 2024.

“Climate Risk Will Take Trillion-dollar Bite Out of America’s Real Estate, Report Finds,” USA Today, Feb. 7, 2025.

“Homeowners Insurance Sector Slammed by Climate Impacts,” Insurance Business America, May 14, 2024.

“Climate Change Is Coming for U.S. Property Prices,” Heatmap News, Feb. 3, 2025.

“Insurers Are Deserting Homeowners as Climate Shocks Worsen,” New York Times, Dec. 18, 2024.

“Climate Resiliency Flips the Housing Market Upside Down,” Forbes, Feb. 20, 2025.

“Climate Change Set to Lower Home Prices,” Business Insider, Feb. 4, 2025.

“How Climate Change Could Upend the American Dream,” Propublica, Feb. 3, 2025.

“Climate Change to Wipe Away $1.5 Trillion in U.S. Home Values, Study Says,” Wall Street Journal, Feb. 3, 2025.

“Opinion: That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value,” New York Times, Feb. 3, 2025.

“How and Where Climate Change Will Lower U.S, Home Values,” Context News, Feb. 10, 2025.

“Climate Change Is Driving an Insurance Crisis,” The Equation – Union of Concerned Scientists, June 19, 2024.

“Real Estate: How Climate Risk is Changing Prices,” Medium, March 3, 2025.

“At Least 20% of U.S. Homes Will be De-Valued Due to Climate Change, Says DeltaTerra CEO Dave Burt,” CNBC, Feb. 19, 2025.

“Climate Change is Fueling the US Insurance Problem,” BBC, March 18, 2024.

“US Housing Market May Face Losses Due to Climate Change,” Realty, Feb. 21, 2025.

“Nearly Half of U.S. Homes Face Severe Threat from Climate Change, Study Finds,” CBS News, March 13, 2024.

“The Possible Collapse of the U.S. Home Insurance System,” New York Times, May 15, 2024.

“The Climate Crisis Will End Home Ownership as We Know It and Eventually Crash the Economy,” Splinter, Jan. 8, 2025.

Fake news?

The big question going forward is whether climate change’s real estate devaluation, which impacts every American household, will take MAGA down to its knees, drowning its lameness in a sea of turbulent financial chaos followed by a massive irrepressible political tsunami payback event that cleanses the nation of lies?

Robert Hunziker (MA, economic history, DePaul University) is a freelance writer and environmental journalist whose articles have been translated into foreign languages and appeared in over 50 journals, magazines, and sites worldwide. He can be contacted at: rlhunziker@gmail.comRead other articles by Robert.