CBS News reported last fall that climate change could punch a hole through the financial system by making 30-year home mortgages — the lifeblood of the American housing market — effectively unobtainable in entire regions across parts of the U.S. Recent reporting from the New York Times goes further to explain that homebuyers are increasingly […]Continue Reading 503 words
In the last 20 years, the U.S. has seen an average of almost seven natural events per year that each produce damages in excess of $1 billion. In the aftermath, not only are homeowners waiting an average of 5 years for FEMA-backed buyout of damaged homes but there’s growing concern that banks are giving […]Continue Reading 511 words
Flooding in America is becoming more frequent and severe and as NPR recently explained in a video, “In some parts of the Midwest and East Coast, extreme rain has already increased more than 50% since the early 1900s.” Warmer air as a result of climate change holds more moisture and thus increases the potential for […]Continue Reading 547 words
Want the planet in your inbox?
Stay in the know, empower yourself to be a #FriendOfThePlanet, sign up to receive ODP in your inbox each morning!