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Category Archives: Housing

Plastic is embedded into every aspect of modern life

Beat Pollution – Plastic is embedded into every aspect of modern life, from what we wear, how we travel and what we eat. But where exactly is all this plastic coming from? Since the 1950s, 9.2 billion tonnes of plastic have been produced, of which 7 billion tonnes have become waste, filling up landfills and polluting lakes, rivers, the soil and the ocean/ Plastic’s durability means it can take thousands or even tens of thousands of years to degrade. We now produce and consume 430 million tonnes of plastic each year, two thirds of which are short-lived products which soon become waste. Without urgent action that figure will rise three-fold by 2060, with devastating impacts for ecosystems and human health. It is therefore time to eliminate unnecessary plastic, redesign products so they can be reused, repurposed, repaired and recycled, switch to non-plastic substitutes and strengthen systems for sound waste management.

  • Packaging – The packaging sector is the largest generator of single-use plastics in the world, with around 36 per cent of all plastic produced used for packaging. 85 per cent of this ends up in landfills or as hazardous waste.
  • Consumer products – Plastic is found in everything from toothbrushes to medical devices and children’s toys. The scale of the damage this causes is huge, with the plastic used in consumer goods resulting in US$75 billion in environmental damage every year.
  • Building and construction – Plastic is used extensively in the construction industry, from plastic pipes and flooring to paint. The industry generates around 100 billion tonnes of waste every year, 35 per cent of which is sent to landfill.
  • Agriculture – Around 12.5 million tonnes of plastic products are used in plant and animal production worldwide every year. These include biosolid fertiliser, mulch film and even plastic-coated film, which can leach into the soil damaging soil health and negatively affecting crop yields.
  • Fisheries – Around 20 per cent of all plastic in the ocean comes from fishing, shipping and recreation, with more than 45 million kg of plastic entering the ocean from industrial fishing gear alone. This can trap and suffocate marine life and pollute the ocean with microplastics.
  • Energy – Energy companies are some of the largest plastic polluters in the world, with single-use plastic being made almost exclusively from fossil fuels.
  • Textiles and fashion – About 60 per cent of the materials made into clothing is plastic, and every second one garbage truck of textiles is landfilled or incinerated. Every time synthetic materials such as polyester are washed, they shed tiny plastic fibres called microfibres, a form of microplastics. Laundry alone causes around half a million tonnes of plastic microfibres to be released into the ocean every year—the equivalent of almost three billion polyester shirts.
  • Travel and tourism – Eighty per cent of tourists visit coastal areas every year, adding to the 8 million tonnes of plastic that enters the ocean annually. Many hotels are filled with single-use plastics such as shampoo bottles, toothbrushes and combs, while cruise ships dump large amounts of microplastic-laden wastewater into the sea.
  • Transportation – Thirty percent of components in cars are made of plastic. Most of that plastic is made of low-cost virgin polymers and ends up in landfills. Plastic is also used extensively in boats, planes and trains.

Explore Sea Level Change in the Coastal U.S.

View past, present, and future sea level rise and related flood impacts for the coastlines of the United States. Select a state and location or search by region. The Federal Government delivers essential science and services to help our nation understand and address the challenges that sea level rise poses for coastal communities. Through interagency… Continue Reading

Zillow introduces First Street’s comprehensive climate risk data on for-sale listings across the US

“Zillow® is introducing climate risk data, provided by First Street, the standard for climate risk financial modeling, on for-sale property listings across the U.S. Home shoppers will gain insights into five key risks—flood, wildfire, wind, heat and air quality—directly from listing pages, complete with risk scores, interactive maps and insurance requirements. With more than 80%… Continue Reading

Flood Risk Outside Flood Zones – A Look at Mortgage Lending in Risky Areas

Liberty Street Economics. September 25, 2024. Flood Risk Outside Flood Zones — A Look at Mortgage Lending in Risky Areas Kristian Blickle, Evan Perry, and João A.C. Santos. In support of the National Flood Insurance Program (NFIP), the Federal Emergency Management Agency (FEMA) creates flood maps that indicate areas with high flood risk, where mortgage… Continue Reading

Zillow will now show climate risks for property listings in the US

“Zillow® is introducing climate risk data, provided by First Street, the standard for climate risk financial modeling, on for-sale property listings across the U.S. Home shoppers will gain insights into five key risks—flood, wildfire, wind, heat and air quality—directly from listing pages, complete with risk scores, interactive maps and insurance requirements. With more than 80%… Continue Reading

Flooded Again: Visualizing Repeated Flooding Across the U.S.

NRDC: “For communities across the country, flooding is an all-too-frequent experience—and, often, one with devastating consequences.  Over 250,000 properties in the United States have had multiple claims under the National Flood Insurance Program (NFIP). These “repetitive loss properties” are found in every U.S. state as well as Puerto Rico, the U.S. Virgin Islands, Guam, and… Continue Reading

FHFA Releases Mortgage Loan and Natural Disaster Dashboard

“The Federal Housing Finance Agency (FHFA) released an online risk analysis tool [and a FAQ] that provides geographic estimates for physical risks from various types of natural disasters as well as nationwide data on housing and the mortgage market. The tool — known as the Mortgage Loan and Natural Disaster Dashboard — is intended to give… Continue Reading

Update to U.S. precipitation frequency standards now accounts for climate trends

“A key scientific NOAA resource on extreme precipitation that is widely used by floodplain managers, city planners, civil engineers, developers and communities across the nation will soon include climate trend data. NOAA’s Precipitation Frequency Atlas of the United States (Atlas) provides the statistical likelihood of an extreme precipitation event at a particular location in any… Continue Reading

My journey into the surreal, infuriating future of homeowners insurance

Business Insider: “I take privacy and surveillance extremely seriously — so seriously that I started one of the leading think tanks on the topic, the Surveillance Technology Oversight Project. But while I study surveillance threats around the country for a living, I had no idea that my own insurance company was using my premium dollars… Continue Reading

Climate Deniers of the 118th Congress

“The Center for American Progress has periodically analyzed statements by sitting members of Congress to determine whether they deny the existence of human-caused climate change. This analysis of the 118th U.S. Congress found that 123 elected officials are climate deniers—23 percent of 535 total members. These 100 representatives and 23 senators wield significant influence on… Continue Reading

AI in Finance and Banking, July 31, 2024

Via LLRX – AI in Finance and Banking, July 31, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and… Continue Reading