The Indelible Bonobo Experience

Renaissance Monkey: in-depth expertise in Jack-of-all-trading. I mostly comment on news of interest to me and occasionally engage in debates or troll passive-aggressively. Ask or Submit 2 mah authoritah! ;) !

Turbulence will be stronger and occur more often if carbon dioxide emissions double by 2050 as the International Energy Agency forecasts, scientists at the universities of Reading and East Anglia said in the study published in the journal Nature Climate Change.

Air travel to get bumpier as CO2 emissions rise, scientists say | Reuters

  • The scientists focused on the North Atlantic flight corridor - where 600 planes travel between Europe and North America each day - using computer simulations to examine the effects of climate change on conditions there.
  • They found that the chances of encountering significant turbulence by the middle of the century will increase by between 40 and 170 percent, with the most likely outcome being a doubling of airspace containing significant turbulence.
  • The average strength of turbulence would also increase by between 10 and 40 percent.
  • “Aviation is partly responsible for changing the climate in the first place. It is ironic that the climate looks set to exact its revenge by creating a more turbulent atmosphere for flying,” Williams said.
  • The European Union tried to force all airlines landing or taking off from EU airports to pay for their emissions last year through its carbon trading scheme. But opposition was so fierce it almost led to a trade war, so the law was frozen for a year for inter-continental flights.

Investors Seek Ways to Profit From Global Warming

climateadaptation:

Pretty good pulse-taking by Bizweek.

Now some investors are taking another approach. Working under the assumption that climate change is inevitable, they’re investing in businesses that will profit as the planet gets hotter. (The World Bank says the earth could warm by 4C by the end of the century.) Their strategies include buying water treatment companies, brokering deals for Australian farmland, and backing a startup that has engineered a mosquito to fight dengue, a disease that’s spreading as the mercury climbs.

Derivatives that help companies hedge against abnormal weather and natural catastrophes are drawing increased interest from some big players. In January, KKR (KKR) bought a 25 percent stake in Nephila Capital, an $8 billion Bermuda hedge fund that trades in weather derivatives. (The firm is named after a spider that, according to local folklore, can predict hurricanes.)

Climate risk is something people are paying more and more attention to,” says Barney Schauble, managing partner at Nephila Advisors, the firm’s U.S. arm. “More volatile weather creates more risk and more appetite to protect against that risk.

Drought is helping spur business at Water Asset Management. The New York hedge fund, which has about $400 million under management, buys water rights and makes private equity and stock market investments in water treatment companies. “Not enough people are thinking long term of [water] as an asset that is worthy of ownership,” says Chief Operating Officer Marc Robert. “Climate change for us is a driver.”

Via Business Week

There’s money in it :-)

sunagefacts:

thepeoplesrecord:

97% of Greenland’s surface ice sheet thawed in July. Seriously: 97%. How much more ice needs to melt before we get serious about climate change?
SourceMore Information

“El 97% de la superficie de hielo de Groenlandia se descongeló en Julio. ¿Cuánto más tiene que derretirse antes de que nos enseriemos sobre el cambio climático?
Texto de la imagen: Ha sido el derretimiento de hielo más grande en los últimos 30 años. Y eso no es todo. Hemos roto el récord de verano más caliente, más hielo derretido y más aumento en los niveles del océano durante los últimos seis veranos consecutivos.

I just watched Chasing Ice a couple of days ago (Wikipedia, IMDB, WWW). I highly recommend it!

sunagefacts:

thepeoplesrecord:

97% of Greenland’s surface ice sheet thawed in July. Seriously: 97%. How much more ice needs to melt before we get serious about climate change?

Source
More Information

“El 97% de la superficie de hielo de Groenlandia se descongeló en Julio. ¿Cuánto más tiene que derretirse antes de que nos enseriemos sobre el cambio climático?

Texto de la imagen: Ha sido el derretimiento de hielo más grande en los últimos 30 años. Y eso no es todo. Hemos roto el récord de verano más caliente, más hielo derretido y más aumento en los niveles del océano durante los últimos seis veranos consecutivos.

I just watched Chasing Ice a couple of days ago (Wikipedia, IMDB, WWW). I highly recommend it!

(via dougcmatthews)