Economy - SFL

miamiherald.com - by Alex Harris - July 24, 2018

The letter might have already come in the mail. “Your building is at high risk for flooding,” it declares in bold. There are ominous charts warning that if you don’t take action, your flood insurance premium could rise up to 18 percent each year.

The bottom line: your flood insurance premium is going up again — and under a policy change the Federal Emergency Management Agency is considering, it could skyrocket even more in coming years.

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ALSO SEE RELATED ARTICLES WITHIN THE LINKS BELOW . . .

CLICK HERE - Risk Rating and Policy Forms Redesign (15 page .PDF document)

CLICK HERE - Federal Flood Insurance Average Premium to Rise 8%

CLICK HERE - FEMA - Flood Insurance Reform - Rates and Refunds

submitted by Krae Van Sickle

Figure 1: Distribution-scale solar costs more than wholesale power, but it costs less if you fairly value all benefits

rmi.org - by Titiaan Palazzi Thomas Koch Blank - May 1, 2018

“New Record Set for World’s Cheapest Solar.” A headline like this makes for great social media fodder. The downward trend in renewables prices is fantastic—it’s the most important driver for the growth of solar and wind energy.

However, when your business or utility is comparing different energy projects, looking at cost alone is not enough. Even energy projects at very low costs can be “out of the money” if the value created by a project is less than its cost.

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Energy Innovation's Michael O'Boyle and Silvio Marcacci outline the barriers to high-penetration wind and solar in the least-cost era

The following is a viewpoint from Michael O'Boyle, electricity policy manager for Energy Innovation, and Silvio Marcacci, communications director for Energy Innovation

utilitydive.com - by Michael O'Boyle, Silvio Marcacci - March 21, 2018

Wind and solar are now cheaper than virtually anyone predicted, and renewable technologies have reached an inflection point: Rapid cost declines made renewable energy the cheapest available sources of new electricity, even without subsidies, in 2017.  In many locations across America, building new wind energy projects is cheaper than running existing coal-fired power plants.

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This map depicts the general location of the sixteen weather and climate disasters assessed to cause at least one billion dollars in direct damages during 2017.

climate.gov - by Adam B. Smith - January 8, 2018

NOAA’s National Centers for Environmental Information (NCEI) tracks U.S. weather and climate events that have great economic and societal impacts (www.ncdc.noaa.gov/billions). Since 1980, the U.S. has sustained 219 weather and climate disasters where the overall damage costs reached or exceeded $1 billion (including adjustments based on the Consumer Price Index, as of December 2017). The cumulative costs for these 219 events exceed $1.5 trillion.

During 2017, the U.S. experienced a historic year of weather and climate disasters.  In total, the U.S. was impacted by 16 separate billion-dollar disaster events including: three tropical cyclones, eight severe storms, two inland floods, a crop freeze, drought and wildfire.

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