"Right now [California insurer of last resort FAIR] is facing $340bn in exposure against just $250m in cash, so a single $8bn fire around Lake Arrowhead would wipe it out" yikes
"We need much more steel if we replace thermal power plants with renewable ones. Because there is not enough steel scrap available, we can only produce that extra steel from iron ore in blast furnaces burning fossil fuels. To address climate change, we need to build low-carbon sources quickly and in great numbers. However, to achieve circular material flows and build low-carbon power sources from scrap and renewable electricity, we would have to do the opposite: slow down the development of a low-carbon power grid."
"The coastal homeowners and the private insurance companies and the reinsurance companies and the state governments are all looking at one another to rescue them, without acknowledging that they are all in the same sinking ship. The real solution is to deal with climate change, which will be a long global struggle. But even on a slightly more practical level than that, this is at minimum a federal government problem."
"To use devices for longer, a change in business models as well as consumer attitudes is needed. This requires raising awareness and education but also providing incentives for behavioural change. And to support devices for a long time, an infrastructure for repair and maintenance is needed, with long-term availability of parts, open repair manuals and training. To make all this happen, economic incentives and policies will be needed (e.g. taxation, regulation)."
"a platform for resources, information and action steps to support intersectional environmentalism and dismantle systems of oppression in the environmental movement, led by environmental activists and sustainability advocates"