Relevant and even prescient commentary on news, politics and the economy.

Have you noticed your Home owners insurance? Clean energy news and lots of water.

A year ago I noticed my property owners insurance has been rather high.  I say property because some is home, some is business.  So, being that have been using accounting software since 1991, I went back a few years to see how much.  In 2003 the house was $454/year.  This year it will be $1543.  Better than tripled.   Do you know why?  Natural disasters.  Google it.

That brings me to 2 recent articles.  This one regarding how fast the ice is melting.  Faster than they thought.

The study—written by James Hansen, NASA’s former lead climate scientist, and 16 co-authors, many of whom are considered among the top in their fields—concludes that glaciers in Greenland and Antarctica will melt 10 times faster than previous consensus estimates, resulting in sea level rise of at least 10 feet in as little as 50 years.

The science of ice melt rates is advancing so fast, scientists have generally been reluctant to put a number to what is essentially an unpredictable, nonlinear response of ice sheets to a steadily warming ocean. With Hansen’s new study, that changes in a dramatic way. One of the study’s co-authors is Eric Rignot, whose own study last year found that glacial melt from West Antarctica now appears to be “unstoppable.” Chris Mooney, writing for Mother Jones, called that study a “holy shit” moment for the climate.

Well, I think that is the correct response.

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‘Solar’ is cheaper and cheaper

Via Uncommon wisdom daily comes this chart from Bloomberg:

Current estimates suggest that solar might be as cheap as coal by the end of the decade, and half the cost of coal by the end of the next decade. When applied to electricity prices this predicts that solar generated electricity in the US will descend to a level of 12 cents (7 pence) per kilowatt hour by 2020, possibly even 2015 for the sunniest parts of America. 

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