Archive for Energy Conservation

Hottest Year on Record. What does it Mean?

We have now posted three of the hottest years on record in direct sequence. Ok, so what does this mean?

hottest year on record

The data is so overwhelming that the arguments of those attached at the hip to old technology and fuel sources seem determined to live in denial. The impact that this line of thinking will have on people around the world is being demonstrated each time a major weather event takes place.

I may be redundant with this blog, but read the attached. The data is overwhelming.

Read the full article:
How 2016 Became Earth’s Hottest Year on Record
Limited free access; NY Times subscription may be required.

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Wine and Warming…an Interesting Business Model

water consumptionAs the climate continues to change, and places that were wet become dry and places that were cool become warm, it is commonly accepted by any literate person that agricultural practices will need to change. At least one winery has recognized these changes and has made significant progress in reducing water consumption, using renewable energy and the best of all in my mind, re-instituting agricultural practices from times gone by that both replenish the soil and conserve water.

As noted in the Times, the Kendall-Jackson Winery in California has recognized that climate change is a threat to their livelihood and made changes in their agricultural practices to combat this treat. What impressed me most of all is the simplest of changes…moves to reduce water consumption and the use of compost to improve the soil.

This winery offers a good model on how to maintain a business in stressful times. Kudos…and Congratulations on forward thinking.

Those who fail to adapt are doomed to perish…

Read the full article:
Falcons, Drones, Data: A Winery Battles Climate Change
Limited free access; NY Times subscription may be required.

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Investors May be Able to Fend Off Government Actions under the President Elect

Sometimes government is not able to undo the future. At least that is the hope that I find in the attached articles about investing and the environment.

governmentNotwithstanding the fact that it appears our environmental laws will be under the greatest assault since Reagan was President, I am hopeful that the tide has already turned and ESG (Environmental Social and Corporate Governance) investing is creating a market where the dinosaurs coming into government are already on the road to extinction.

What is most interesting is the large number of countries that are pushing this issue…especially on climate change, and more recently and importantly, the number of companies being evaluated against the ESG standard by third party organizations such as MSCI. An even more hopeful indicator is the performance of the funds and stocks that are being evaluated.

So, as we enter a new year, I am hopeful that the dinosaurs will continue on their path to extinction and that those of us who are trying to effect change will be able to do so using the market forces that seem to be in motion.

Read the full articles:
Investors Sharpen Focus on Social and Environmental Risks to Stocks
Tell Investors of Climate Risks, Energy Sector Is Urged
Limited free access; NY Times subscription may be required.

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Considering Climate Change in a Real Estate Purchase

Ron Lieber recently wrote a very good article on what to look for in buying real estate and considering climate change when you do so. First, let me say that whether climate change is anthropogenic or not is not the point. The point is that if you are going to invest near a coastal area, you need to avoid “delusional thinking”.

climate change coastal flooding

He correctly points out that homeowners insurance usually does not cover flooding and that flood insurance is going to simply become more expensive in the future. It is also important to note that flood maps are based on PAST EVENTS…and we are already seeing that they are generally inadequate.

Caveat Emptor holds for buying houses in general…but in coastal or flood prone areas, you really need to watch what you are doing…

As a side note..and in a crass commercial pitch…if you are really worried about long term flooding, I am selling 18 acres of land that is over 600 feet above sea level in Sussex County…so if you buy that land, you are as safe as I can think you would be…

Enjoy!

Read the full article:
You’re Buying a Home. Have You Considered Climate Change?
Limited free access; NY Times subscription may be required.

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