this post was submitted on 29 Apr 2024
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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.

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All Australians will foot the bill after climate disasters leave insurance industry on the brink (www.abc.net.au)
submitted 2 months ago by [email protected] to c/[email protected]
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The combination of climate-fuelled natural disasters coupled with increasing populations often living in risky areas is threatening the global insurance industry.

This isn't theoretical for Australians. Bushfire and flood disasters during the past few years have seen insurance premiums skyrocket.

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[–] [email protected] 11 points 2 months ago* (last edited 2 months ago)

@silence7
Insurance industry on the brink ? They made record profits last year and flooding in northern Australia is now stupidly underwritten by the federal government.

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Australia's QBE Insurance annual profit more than doubles

https://www.reuters.com/business/finance/australias-qbe-insurance-annual-profit-more-than-doubles-higher-premium-income-2024-02-15/

https://kpmg.com/au/en/home/media/press-releases/2023/03/rising-premium-prices-spark-5-year-high-insurance-sector-profit-march-2023.html

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The industry itself is hugly profitable, the real question is, how much longer can this ponzi insurance last ?

Australins are some of the biggest climate deniers on the planet, with zero moves to making a sustainable continent. As an Australian my empathy lies with the impoverished in other parts of the world, which our emsisions are destroying.