Wait, wait, did she say “FEMA has issued over 1.7 million NFIP (National Flood Insurance Protection) policies in Florida, with over 400 BILLION in total coverage…”? Oh, I’m sure that’ll all be fine.
Below, Kerry Emanuel of MIT. “In a market economy like ours, risk is communicated through prices – and we’re stopping that from happening.” “People living in less risky places, typically inland, …are unwittingly subsidizing people who live in more risky places, and in many cases, it’s an up-income wealth transfer.”
It’s been an unusually quiet stretch during what is traditionally one of the busier parts of the hurricane season.
The Atlantic hasn’t produced a named storm since Ernesto, which formed way back on August 12th. As Dr. Phil Klotzbach – senior research scientist at Colorado State University who heads up the gold standard of seasonal outlooks – posted to social media this morning, this is the first time since 1968 the Atlantic hasn’t notched any new formations between August 12th and September 3rd.
Not to mention, the disturbances with any development potential since Ernesto have largely underperformed. We see those struggles in the system we’re following through the Caribbean today.
So is it time to raise the white flag and surrender to/celebrate what appears to be a big seasonal bust?
What the past tells us
There’s no denying the past few weeks have been unusual and unexpected. But a funky period sandwiched in the ramp up period to the traditional seasonal peak isn’t without precedent.
Consider 1961, which saw Category 2 Hurricane Anna in July then went 46 days before Betsy formed in September, a Category 4 hurricane immediately followed by Category 4 Carla and Category 5 Esther. It was a year scraping the bottom of the ACE barrel (Accumulated Cyclone Energy or ACE is used as a scorecard for seasonal hurricane activity) at the turn of September that even to this day remains a top 10 ACE producer.
Another Real Estate YouTuber accurately assessing the impacts of continued extreme weather events in Florida’s insane housing market. He’s in it, of course, to sell you on the idea of YOUR CHANCE! to make BIG MONEY! at the expense of all the poor schmucks, who, inexplicably, keep moving into the path of the climate change wood chipper. Repetitive examples of extreme weather damage, no mention of climate change, just a cold analysis of winners and losers.
Although there will be more brutal heat to come, summer is over and fall is here, according to the climatological calendar. June through August will enter the record books as abnormally hot for a considerable portion of the Lower 48 states.
Large parts of the western United States notched their hottest summer on record, including Phoenix and Las Vegas. Hot weather frequently visited both coasts and scorched the northern and southern borders.
Below, we recap six of the most notable aspects of yet another historically hot summer in the United States.
Intense heat domes sprawled across portions of the nation every week.
The most memorable heat wave ramped up around Independence Dayin the West and brought all-time highs on multiple days, including in Las Vegas and Redding, Calif. It featured nine days in a row with highs of at least 120 degrees in the Southwest, with a maximum of 129 on July 7 in Death Valley, Calif. — among the hottest days ever observed at the world’s hot spot. All-time highs were set in more than 250 locations across the Lower 48 states. Some of the most noteworthy all-time highs are listed below:
