Economy - SFL

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This working group has been created to develop an open forum S.W.O.T. analysis on the South Florida economy & identify how to improve its resilience

This working group has been created to develop an open forum S.W.O.T. analysis on the South Florida economy and identify how to improve its resilience towards severe event scenarios.

Members

Albert Gomez ibague Rebekah Dickinson

Email address for group

economy-sfl@m.resiliencesystem.org

New Solar + Battery Price Crushes Fossil Fuels, Buries Nuclear

           

BARREN RIDGE, CA - APRIL 4: The new project will join the current large Barren Ridge solar panel array in Kern County, California. (Photo by George Rose/Getty Images)GETTY IMAGES

CLICK HERE - Kern County, CA - Eland 1 Solar Project

forbes.com - by Jeff McMahon - July 1, 2019

Los Angeles Power and Water officials have struck a deal on the largest and cheapest solar + battery-storage project in the world, at prices that leave fossil fuels in the dust and may relegate nuclear power to the dustbin.

Later this month the LA Board of Water and Power Commissioners is expected to approve a 25-year contract that will serve 7 percent of the city's electricity demand at 1.997¢/kwh for solar energy and 1.3¢ for power from batteries.

"This is the lowest solar-photovoltaic price in the United States," said James Barner, the agency's manager for strategic initiatives, "and it is the largest and lowest-cost solar and high-capacity battery-storage project in the U.S. and we believe in the world today. So this is, I believe, truly revolutionary in the industry."

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Underwater: Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate (2018)


CLICK HERE - STUDY - Union of Concerned Scientists - Underwater - Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate (28 page .PDF document)

ucsusa.org - June 2018

Sea levels are rising. Tides are inching higher. High-tide floods are becoming more frequent and reaching farther inland. And hundreds of US coastal communities will soon face chronic, disruptive flooding that directly affects people's homes, lives, and properties.

Yet property values in most coastal real estate markets do not currently reflect this risk. And most homeowners, communities, and investors are not aware of the financial losses they may soon face.

This analysis looks at what's at risk for US coastal real estate from sea level rise—and the challenges and choices we face now and in the decades to come.

(CLICK HERE - READ COMPLETE ARTICLE)

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Most U.S. Companies Say They are Planning to Transition to a Circular Economy

But the definition of circular economy remains unhelpfully broad.

fastcompany.com - by Adele Peters - February 5, 2019

When Amsterdam’s Schiphol Airport remodeled a terminal, it didn’t buy light bulbs; instead, the company signed a contract for “light as a service” from Signify, the company formerly known as Philips Lighting. Signify owns the physical lights, giving it the incentive to make products that last as long as possible and that can be easily repaired and recycled if anything breaks.

The service is one example of a shift to a circular economy model. Rather than just mining materials and manufacturing products that ultimately end up in landfills, companies are increasingly trying to figure out how to use resources in closed loops.

(CLICK HERE - READ COMPLETE ARTICLE)

 

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Corporate America Is Getting Ready to Monetize Climate Change

           

A highway stands immersed in floodwaters from Hurricane Harvey in West Columbia, Texas, on Aug. 30.  Photographer: Luke Sharrett/Bloomberg

CLICK HERE - CDP - Company Scores

bloomberg.com - by Christopher Flavelle - January 22, 2019

Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme parks will get too hot for vacationers, while AT&T Inc. fears hurricanes and wildfires may knock out its cell towers.

The Coca-Cola Co. wonders if there will still be enough water to make Coke.

As the Trump administration rolls back rules meant to curb global warming, new disclosures show that the country’s largest companies are already bracing for its effects. The documents reveal how widely climate change is expected to cascade through the economy -- disrupting supply chains, disabling operations and driving away customers, but also offering new ways to make money.

(CLICK HERE - READ COMPLETE ARTICLE)

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Federal Report Says U.S. Impacts of Climate Change are Intensifying and Will Batter Economy

           

weather.com

CLICK HERE - FOURTH NATIONAL CLIMATE ASSESSMENT

bbc.com - November 23, 2018

Unchecked climate change will cost the US hundreds of billions of dollars and damage human health and quality of life, a US government report warns.

"Future risks from climate change depend... on decisions made today," the 4th National Climate Assessment says . . .

. . . But it says that projections of future catastrophe could change if society works to reduce greenhouse gas emissions and "to adapt to the changes that will occur".

CLICK HERE - READ COMPLETE ARTICLE - Climate change: Report warns of growing impact on US life

ALSO SEE RELATED ARTICLES WITHIN THE LINKS BELOW . . .

CLICK HERE - U.S. Should Expect Worsening Weather Disasters, New Government Climate Report Warns

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New Report Strengthens Economic Case for Flood-Prepared Infrastructure

           

Hurricane Floyd submerged the Greenville, North Carolina, water treatment plant in 1999. Following that event, the city used a federal grant to construct a berm and pumping station to protect the plant.  Dave Gatley/Federal Emergency Management Agency

Mitigation projects yield positive return on investment in coastal, inland states

CLICK HERE - REPORT - Natural Hazard Mitigation Saves: Utilities and Transportation Infrastructure (122 page .PDF report)

pewtrusts.org - by Forbes Tompkins - November 20, 2018

From elevating roadways in Nebraska to moving wastewater treatment plants away from flood plains in Iowa, proactive measures before flooding can provide a major return on investment, according to a new report from the National Institute of Building Sciences (NIBS). The report, “Natural Hazard Mitigation Saves: Utilities and Transportation Infrastructure,” provides analysis and key examples that underscore the benefits of investing in mitigation measures.

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Calculating the Cost of Weather and Climate Disasters

           

Pixabay.com

ncei.noaa.gov - October 12, 2018

7 things to know about NCEI’s U.S. billion-dollar disasters data

Drought, floods, freezing temperatures, severe storms, tropical cyclones, wildfires, winter storms—every year since 1980, these weather and climate disasters have claimed countless lives and caused billions of dollars in damages in the United States. And, it is NCEI's job to chronicle these disasters and document their impacts to the Nation.

(CLICK HERE - READ COMPLETE ARTICLE)

 

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