42
submitted 16 hours ago by silence7@slrpnk.net to c/climate@slrpnk.net

I'll note that a large chunk of the burned properties depend on the state-run FAIR plan, which provides much weaker coverage (eg: not replacement cost) than private insurers. The FAIR plan also has limited reserves, which it will replenish by issuing an assessment on commercial insurers and their policyholders.

top 6 comments
sorted by: hot top controversial new old
[-] MapleEngineer@lemmy.world 31 points 16 hours ago

To be clear, had the insurance companies not taken all of the money out of their reserves as profits there would be lots of money to pay out the payments that the insured bought insurance for. This isn't about an unsustainable industry, just unsustainable profit taking.

[-] TheKracken@lemmy.world 8 points 15 hours ago

Who will think of the poor insurance companies. Oh no!

[-] motor_spirit@lemmy.world 4 points 13 hours ago

gonna be a hell of a standoff when Big Insurance tells America they can't go prospectin out Californi way anymo

[-] PagPag@lemmy.world 2 points 13 hours ago

The Reinsurance apocalypse is coming sooner than anyone wants…

The avg person has no fucking clue.

[-] higgsboson@dubvee.org 3 points 13 hours ago

Good. Learn to swim. See you down in the Arizona bay.

[-] noxypaws@pawb.social 2 points 12 hours ago

bullshit three ring circus sideshow of freaks

this post was submitted on 09 Jan 2025
42 points (97.7% liked)

Climate - truthful information about climate, related activism and politics.

5452 readers
226 users here now

Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

Recommended actions to cut greenhouse gas emissions in the near future:

Anti-science, inactivism, and unsupported conspiracy theories are not ok here.

founded 2 years ago
MODERATORS