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The paper tells the story of Sam’s Safety Equipment (ironic, we know) — a local oil and gas outfitter (even more ironic, we know) — that was already struggling after hard times hit the oil business in 2014.
Sam’s canceled their flood insurance to save money only to be hit with a series of floods starting in 2015, and because their flood insurance price kept going up, they could never afford it again.
Why This Matters: Big companies can recover from extreme weather events, but small businesses with slim profit margins will struggle to stay afloat. We already see this trend with family fishers and farmers and outdoor recreation and tourism small businesses who have lost everything and then cannot come back. The viral wedding photo above makes the business risk crystal clear. Red states along the Gulf of Mexico may be ground zero of this phenomenon, along with California. Helping small businesses recover is another climate impact we will need to deal with in the years to come given the increase in the frequency of extreme weather events.
Small Businesses In California Burned by Power Outages
Even preventing disaster can take its toll on small businesses — the business interruption can be as costly as property losses caused by the fires. For example, Sonoma News has reported that in Sonoma County, California, some small businesses (like grocery stores) have lost inventory due to power outages, and others in the tourism business have experienced losses due to cancellations during October’s peak season in wine country.
And worst of all, some businesses are getting cancellations even though they have power, because of the “perception problem” with out-of-town media commonly conflating the geographies of Sonoma County with the City of Sonoma.
After three years of wildfires, Sonoma county may lose its allure as a destination, putting tens of thousands of tourism jobs at risk.
After a four-year hiatus under the Trump administration, the Environmental Protection Agency’s Climate Change Indicators website is back in action. The public portal includes data on 54 indicators including sea-level rise, Great Lakes ice cover, heat waves, river flooding, and residential energy use.
Why This Matters: People are experiencing the impacts of climate change in their everyday lives, from hotter temperatures to more intense wildfire seasons.
When reading about climate change, you’ll often come across the unit of measurement called a “metric ton of CO2.” That sounds like a lot, but the unit is a bit abstract for most of us when our reference point for a ton is a VW Beetle, the Liberty Bell, or even a baby humpback whale […]
According to a new report from Christian Aid, Kenya, which produces half of all black tea consumed by the UK, may lose a quarter of its growing capacity by 2050, and the tea that makes it into drinkers’ cups may taste a lot different than before. The decline of tea farming has implications for economies worldwide, including Kenya, India, China, and Sri Lanka.
Why This Matters: Tea is the most popular drink other than water globally and the tea industry employs more than 3 million people in Africa alone.
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