Commoney Wise
  • News
  • Politics
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Crypto
  • Price Index
    • Stocks
    • Cryptocurrency
    • Commodities
    • Forex
  • Videos
  • Login
  • Register

  Breaking
China must join Ghana debt restructuring effort soon, Germany’s Lindner says February 5, 2023
The Latest Personal Finance News for February 2023 February 5, 2023
FAA ground stop for Chinese spy balloon shootdown results in massive flight radar gap off South Carolina coast February 5, 2023
U.S. military members suing 3M seek dismissal of subsidiary’s bankruptcy February 5, 2023
Tesla reverses Model Y price cut after demand surge, Biden’s expansion of electric vehicle tax credits February 4, 2023
Next
Prev

en English
en Englishes Españolde Deutschfr Françaisit Italianopt Portuguêsru Русскийzh-CN 简体中文hi हिन्दीja 日本語
Casino
  • News
  • Politics
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Crypto
  • Price Index
    • Stocks
    • Cryptocurrency
    • Commodities
    • Forex
  • Videos
No Result
View All Result
Commoney Wise
Casino
  • News
  • Politics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
  • Crypto
  • Tech
  • Videos
Home Finance

Americans are flocking to wildfire country

Staff by Staff
December 11, 2022
in Finance
0 0
A A
0

Over the last decade, there was an influx of Americans into regions where climate change is making wildfires and extreme heat more common, according to an analysis of multiple data sets done at the University of Vermont (UVM).

Broadly speaking, Americans migrated to the cities and suburbs in the Pacific Northwest, parts of the Southwest (in Arizona, Colorado, Nevada, Utah), Texas, Florida, and parts of the Southeast (including Nashville, Atlanta and Washington, D.C.), according to the research.

People moved away from the Midwest, the Great Plains, and from some of the counties that were hardest hit by hurricanes along the Mississippi River, according to the research.

“Our main finding is that people seem to be moving to counties with the highest wildfire risks, and cities and suburbs with relatively hot summers. This is concerning because wildfire and heat are only expected to become more dangerous with climate change,” Mahalia Clark, the lead author of the study, told CNBC.

Areas where more people moved into a region than out are red. Areas where more people moved out of a region than in are in blue.

Chart courtesy University of Vermont

“We hope our study will increase people’s awareness of wildfire and other climate risks when moving or buying a house, since many people might be unaware of these dangers,” Clark told CNBC. “People tend to think of wildfire as something that affects the West, but it also affects large areas of the South and even Midwest.”

For the research, Clark used multiple data sets, including net migration estimates from the U.S. Census Bureau, the gridded surface Meteorological (gridMET) dataset hosted on the Google Earth Engine Data Catalog, and cloud cover data from the National Oceanic and Atmospheric Administration. The study was published on Thursday in the journal Frontiers in Human Dynamics.

Making decisions about where to live may be one of the first times that the ramifications of climate change impact people’s personal lives.

“People also tend to think of climate change as something that will affect our grandchildren, but its effects are already being seen in the form of more frequent and severe heat waves, hurricanes, and wildfires, and it’s important to take these effects into account when we plan for the future, both as individuals and as a society,” Clark told CNBC.

Deciding where to move and what home to buy is a complicated decision, and people have to weigh their own personal decisions based on job, family and culture, but Clark urges people to understand the trade-offs.

“It could be that wildfire-prone areas happen to be very attractive for other reasons (strong economy, pleasant climate, dramatic scenery with opportunities for outdoor recreation), and the perceived risks of wildfire are not sufficient to outweigh these other benefits,” Clark told CNBC. “People moving in from out of state may also be unaware of the risks. On the other hand, sometimes high risk areas are more affordable, creating an unfortunate incentive for people to move there.”

Wildfire probability, heat wave frequency and hurricane frequency across the United States.

Chart courtesy University of Vermont

Local authorities can play a part, too, Clark said.

“Development in wildfire prone areas can actually exacerbate risks, since increased human activity can spark more fires, so one implication of our work is that city planners may need to consider discouraging new development where fires are most likely or are difficult to fight,” Clark told CNBC. “At a minimum, policymakers should work to increase public awareness and preparedness and plan for sufficient fire prevention and response resources in high-risk areas with high population growth.”

The findings out of University of Vermont are “pretty consistent with what we’ve seen for the past 20 years with the two cycles of the census in terms of population growth in the Pacific Northwest” Jesse M. Keenan, a professor of sustainable real estate at Tulane University, told CNBC.

Climate change plays a role in the increased number of forest fires in the Pacific Northwest because the area is getting increasingly arid and dry.

“Basically, when it heats up in the atmosphere, you pull moisture, water out of the atmosphere, and that pulls it out of the biomass. So things basically just get dry, and therefore you have more fuel,” Keenan said.

Insurance companies are wising up to this and are pricing fire risk into the Pacific Northwest in ways that they hadn’t in the past, Keenan said.

But homebuyers also need to be doing their due diligence on the climate risks associated with the location where they are considering buying a new home. Keenan is an advisor to a company called ClimateCheck that helps identify these kinds of risks, but real estate websites now include “climate risk” factors like flood factor, storm risk, drought risk, heat risk and fire risk on listing pages.

These kinds of tools are helpful, but not perfect, Keenan said. Some of it comes down to common sense.

“If you live where there’s a fair amount of tree canopy near you, anywhere in the Pacific Northwest, you are at risk for forest fire,” Keenan said.

Read the full article here

ShareTweetSharePinShareSendShare
https://www.madmoneycasino.com/?faff=667&sub=DemCasino

Related Articles

Finance

How the end of Netflix password sharing will change the way families watch, especially the ones with college-age children

February 4, 2023
Finance

Don’t risk a tax audit. Here are four reasons the IRS may flag your return

February 4, 2023
Finance

Morgan Stanley’s Mike Wilson warns there’s a group of stocks that are riskier than growth shares

February 4, 2023
Finance

Jury find Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

February 4, 2023
Finance

Jury find Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

February 3, 2023
Finance

Meta follows Chevron with a huge buyback that likely signals more are to come

February 3, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Commoney Wise

Commoney Wise is your one stop news website for the latest finance, business and crypto news, follow us to get the news that matters to your minute by minute.

Our Other Brands Kronosslott, Commoneywise, Demcasino.de, SportsExtremes.tv, Slotgamesusawwr, Coin Desk Times, Kingsofgolf.be

Topics

Business Commodities Crypto Economy Finance Forex Futures Investing Markets News Politics Stocks Tech Videos

Get Informed

The most important world news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact

© 2022 Commoney Wise. All Rights Reserved.

No Result
View All Result
  • News
  • Politics
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Crypto
  • Price Index
    • Stocks
    • Cryptocurrency
    • Commodities
    • Forex
  • Videos

© 2022 Commoney Wise. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.