Moody’s Buys Climate Data Firm, Signaling New Scrutiny of Climate Risks

Re:Moody’s Buys Climate Data Firm, Signaling New Scrutiny of... by projectileboy on Saturday July 27, 2019 @12:09AM (#20540339)

This is the start of what I’ve been waiting for. But I don’t think we’ll see real action until the risk starts getting priced into coastal real estate, both directly and indirectly (i.e. insurance and reinsurance).

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Re:Moody’s Buys Climate Data Firm, Signaling New Scrutiny of... by hollerith on Saturday July 27, 2019 @06:02AM (#20541264)

I would have started with the assumption that the risks are already being priced into coastal real estate (because real-estate investors are not ignorant of climate change). What is your evidence that they are not?

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Re:Moody’s Buys Climate Data Firm, Signaling New Scrutiny of... by projectileboy on Saturday July 27, 2019 @08:02AM (#20541614)

Empirically, it doesn’t appear to be the case. https://www.trulia.com/real_estate/Miami-Florida/market-tren...

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Re:Moody’s Buys Climate Data Firm, Signaling New Scrutiny of... by lotsofpulp on Saturday July 27, 2019 @06:28AM (#20541337)

It is priced correctly by non taxpayer funded entities. However, to buy the votes of residents in FL and TX and other at risk regions, the National Flood Insurance Program was created for taxpayers to pay for flood damage.

https://en.wikipedia.org/wiki/National_Flood_Insurance_Progr...

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