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The Simple Microeconomics of Adapting to Real Estate Damage Caused by Flooding

Environmental and Urban Economics

Instead, I will discuss how flood risk (ex-ante) and flooding affects the real estate market and the distribution of income. When one owns an asset, there is uncertainty about how the price of the asset will change over time. Worries about climate gentrification on higher ground will be muted. Why is that fair?

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How climate change could sink the US real estate market

A Greener Life

By Amanda Abrams Rising seas, fires, and outdated government policies threaten a repeat of the subprime mortgage meltdown. Before she bought the house, Greene said, she asked the builder and the real estate agent if the property tended to flood. In response, real estate developers have been on a building tear.

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Florida is a Climate-Denying Hellscape

Legal Planet

That seems to be the Florida playbook for dealing with the climate crisis facing Floridians in the form of rising sea levels and deadly temperatures. The only thing worse than a wet heat is being governed by climate change deniers in a wet heat. If signed by Gov. Senate Bill 1624 , by Sen.

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Ontario Government Political Staff Directed Changes to Municipal Official Plans to Favour the Interests of Select Landowners

Enviromental Defense

The documents also offer evidence that Ministers’ offices, other than that of Housing Minister Steve Clark, were involved as early as January 2022, prior to the June 2022 election, and yet the government still kept Ontario voters in the dark. Of the four requests, two have now resulted in partial releases.

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Understanding the Arguments Made by Climate Change Adaptation Pessimists: Part One

Environmental and Urban Economics

Climate change adaptation refers to our individual and collective ability to cope with Mother Nature’s more intense weather punches in terms of extreme heat, drought, fire, flood and many other place based risks. An example would be government price supports for agriculture that create a moral hazard effect.

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The Supreme Court’s Top-10 Environmental Law Decisions

Legal Planet

Morton opened the door for environmental groups to sue over government actions, something that Justice Scalia had opposed since his days as a law professor. The Court also ruled that EPA could consider only the science relating to climate change in deciding whether to exercise this authority. Defenders of Wildlife, 504 U.S.

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No Word on Climate from Presidential Candidates Stumping in New Hampshire Amid Record Global Heat

Union of Concerned Scientists

Two seasons in one The presidential primary season coincides with “ Danger Season ”—the period between May and October when the Northern Hemisphere experiences back-to-back extreme weather augmented by climate change. Candidates are crisscrossing New Hampshire amid climate-related and climate-boosted catastrophes.