Climate Letter #923

Evidence is established that climate change and an increase in the number of forest fires are reducing the effectiveness of an important sink for greenhouse gas.  This is not an unexpected type of revelation, but adds scientific rigor to one’s conceptual understanding.  Reductions in the carbon sink crowd out the remaining allotment of carbon emissions that are currently supposed to be reserved for humans.

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Australia is called out for the weakness of its plans to save the Great Barrier Reef, which could finally be listed by Unesco as “a world heritage site in danger.”  While global warming has been shown to be the primary threat to the reef, one critic says that “Australia doesn’t currently have a policy to reduce greenhouse gas emissions and we need one.”
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Problems loom for the US flood insurance program.  The agency is already $25 billion in debt from past payouts, claims are rapidly rising due to major storms, and sea level rise, which could amount to three feet or more in this century, is just getting started.  At least $3 trillion dollars worth of properties line the Atlantic and Gulf coasts and are eligible for subsidized flood insurance.  Cutbacks in the program would not be popular but are soon coming due for consideration, with comparisons to health care insurance support policy likely to erupt.
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One more report that is critical of industrial agriculture.  (This is the third one this week.)  It mostly serves as a review of a book that focuses on the direct connection between current farming practices and climate change.  The link to the book’s full description of contents is worth checking out.
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A general statement about how big corporations, viewed as a principal tool that accommodates the movement toward income inequality, are responsible for promoting the catastrophic excesses of climate change and other forms of environmental degradation.  The role that is played by political power, when fully controlled by corporate money, is being given unusual clarity by the current acts and policies of the Trump administration.
Carl

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