Desdemona Despair

Blogging the End of the World™

Allianz says insurers will be hit by more wind storms in Europe

By Oliver Suess July 17 (Bloomberg) — Insurers will be hit by a higher number of wind storm-related claims in Europe as a result of global warming, according to Allianz SE, Europe’s biggest insurer by market value. “Global warming is happening and it’s here to stay,” Olaf Novak, head of risk management related to natural […]

Melting ice threatens polar life

By Cameron Dueck on the Bering Sea The Canadian Arctic is facing another year of open water with the summer break-up of sea ice ahead of schedule in many key parts of the northern archipelago. The early break-up of ice underlines the growing impact of climate change in the Poles where temperatures have risen much […]

Graph of the Day: Arctic Sea Ice Extent, 1979-2009

June 2009 compared to past Junes Compared to previous Junes, ice extent in June 2009 was extremely close to the last two years, falling within 30,000 square kilometers (12,000 square miles) of the June extent in 2007 and 2008. The long-term trend indicates a decline of 3.3% per decade, an average of 40,100 square kilometers […]

Pine beetles infesting Alberta forests

  Last winter’s cold temperatures did kill some mountain pine beetles in Alberta, but it wasn’t enough to reduce the threat of additional infestations, according to recent field surveys. “These results show we need more than cold winters to be successful in our fight against pine beetles in our forests,” Sustainable Resource Development Minister Ted […]

Huge blob of Arctic goo spotted in Chukchi Sea

IT’S NOT OIL: No one in the area can recall seeing anything like it before. By Don Hunter Something big and strange is floating through the Chukchi Sea between Wainwright and Barrow. Hunters from Wainwright first started noticing the stuff sometime probably early last week. It’s thick and dark and "gooey" and is drifting for […]

California bonds downgraded to near-junk status

By JULIET WILLIAMS SACRAMENTO, Calif. (AP) — Gov. Arnold Schwarzenegger told state employee unions Tuesday his administration would cut another 2,000 jobs to help close California’s $26.3 billion budget deficit. Meanwhile, Moody’s Investor Services downgraded California bonds to near-junk status, from A2 to Baa1, and placed the state’s credit rating on watch for possible further […]

Ozone hole linked to deterioration of Southern Ocean carbon sink

By Noreen Parks In addition to weakening Earth’s natural shield against excessive radiation levels, ozone depletion above Antarctica has significantly dampened the Southern Ocean’s ability to absorb atmospheric CO2 and has accelerated acidification of southern polar waters, according to new research reported online June 20 in Geophysical Research Letters (2009, DOI 10.1029/2009GL038227). Of the atmospheric […]

Tigers poached to extinction in India tiger park

By Faisal Mohammad Ali, BBC News, Bhopal One of India’s main tiger parks – Panna National Park – has admitted it no longer has any tigers. The park, in the central state of Madhya Pradesh, was part of the country’s efforts to save the famous Royal Bengal Tiger from extinction. State Minister of Forests Rajendra […]

Graph of the Day: Capacity Utilization, 1967-2009

From Calculated Risk: This graph shows Capacity Utilization. This series is at another record low (the series starts in 1967). In addition to the weakness in industrial production, there is little reason for investment in new production facilities until capacity utilization recovers. … Industrial Production Declines, Capacity Utilization at Record Low in June Technorati Tags: […]

Greenland glacier to shed Manhattan-sized ice chunk

  It appears that the largest Arctic glacier, the Petermann glacier in Greenland, is about to get a bit smaller. Reports from scientists monitoring the situation indicate that a chuck of ice the size of Manhattan (100 sq. kilometers) is about the fall off, with the suspected cause being at least partially to do with […]

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