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Tag: catastrophe
Growth of farming bubble threatens 5trn catastrophe
2013-08-09 03:36:22| Climate Ark Climate Change & Global Warming Newsfeed
Independent: The threat posed to agriculture by environmental hazards such as climate change and water scarcity is now so great that it could wipe as much as 5 trillion off the value of the worlds farm land, equipment and stock in any one year, a heavyweight study is warning. Agriculture in the UK and worldwide is under huge financial and physical stress. A surge of investment on the back of a boom in the global food commodities market meets an increasingly precarious physical environment for farming creating...
Tags: growth
bubble
farming
threatens
Arctic methane catastrophe scenario is based on new empirical observations
2013-08-02 17:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Ecologist: Last week, the journal Nature published a new paper warning of a $60 trillion price tag for a potential 50 Gigatonne methane pulse from the East Siberian Arctic Shelf (ESAS) over 10-50 years this century. The paper, however, prompted many to suggest that its core scenario - as Arctic permafrost thaws it could increasingly unleash dangerous quantities of methane from sub-ice methane hydrates in as quick as a decade - is implausible. The Washington Post's Jason Samenow argued that "almost everything...
Tags: based
observations
scenario
arctic
MTA Obtains $200 Million of Protection With Catastrophe Bonds
2013-07-31 21:42:18| Railroads - Topix.net
The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of protection with bonds designed to guard against wreckage linked to storm surges.
Tags: million
protection
bonds
obtains
Arctic methane catastrophe scenario is based on new empirical observations
2013-07-31 07:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Last week, the journal Nature published a new paper warning of a $60 trillion price tag for a potential 50 Gigatonne methane pulse from the East Siberian Arctic Shelf (ESAS) over 10-50 years this century. The paper, however, prompted many to suggest that its core scenario - as Arctic permafrost thaws it could increasingly unleash dangerous quantities of methane from sub-ice methane hydrates in as quick as a decade - is implausible. The Washington Post's Jason Samenow argued that "most everything...
Tags: based
observations
scenario
arctic
Ice free Arctic in two years heralds methane catastrophe - scientist
2013-07-24 16:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: A new paper in the journal Nature argues that the release of a 50 Gigatonne (Gt) methane pulse from thawing Arctic permafrost could destabilise the climate system and trigger costs as high as the value of the entire world's GDP. The East Siberian Arctic Shelf's (ESAS) reservoir of methane gas hydrates could be released slowly over 50 years or "catastrophically fast" in a matter of decades if not even one decade the researchers said. Not everyone agrees that the paper's scenario of a catastrophic...
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