More people than ever want to live on the wild edges of Western cities, despite the risk wildfires pose to their homes. A recent study by researchers at the University of Nevada, Las Vegas, found that wildfires drive down real estate prices only in the immediate aftermath of a disaster. Home prices in burned areas typically rebound to pre-fire levels within one to two years.
Yet developers will continue to build in high-risk areas as long as there’s a demand. Residential growth in forested areas across the United States has exploded in recent years, from an estimated 12.5 million housing units in 2000 to 44 million by 2010. “We should be worried about that,” said University of Nevada, Las Vegas, research economist Shawn McCoy, who led the study. “The societal costs of wildfire will increase, because people continue to develop there. They know that those homes will sell regardless of the risk.”
The researchers found that the value of homes within sight of burn scars did dip after a fire and was slower to rebound. But even there, homebuyers’ awareness of fire risk didn’t impact their willingness to invest in those properties. Overall, housing values in the high-risk zones dropped in the year following a wildfire, but rebounded to pre-fire prices in one to two years.
….wildfire suppression accounts for 52 percent of the Forest Service’s budget; by 2021, it’s projected to increase to 67 percent….
Source: Wildfires can’t cool hot real estate markets | Grist
Tag Archives: Environment/Resilience/Sustainability
Something delicious is growing in the ‘sustainability underground’ | GreenBiz
This urban hydroponics farm is in refurbished WWII bunkers just 100 feet under the swarming, grubby streets of Clapham, in South London. Next time I hear that 1970 Motown line, “War, what is it good for?” followed by the response, “Absolutely nothing,” some part of my brain will protest: “Hydroponics!” In effect, what Growing Underground does is to flip vertical farming on its head. Instead of going up, it goes down. With U.K. supermarkets recently forced to ration vegetables in the wake of poor harvests…………
The headline: “Paris to turn a third of its green space into urban farms.”
The piece continued, “It all started when the city’s mayor, Anne Hidalgo, who was elected in 2014, declared her intention to make Paris a greener city. The Paris government responded to her call in 2016 by launching Les Parisculteurs, which aims to cover the city’s rooftops and walls with 247 acres of vegetation by 2020. A third of the green space, according to its plan, should be dedicated to urban farming.”
The city’s deputy mayor, Pénélope Komitès, noted, “Paris not only intends to produce fruit and vegetables but also (plans to) invent a new urban model. … We have seen a real craze among Parisians to participate in making the city more green. Urban agriculture is a real opportunity for Paris. It contributes to the biodiversity and to the fight against climate change.”
Source: Something delicious is growing in the ‘sustainability underground’ | GreenBiz
Seychelles Finds A Novel Way To Swap Its Debt For Marine Protections : The Two-Way : NPR
The Seychelles have brokered a novel deal that will allow the island archipelago to swap millions of dollars in sovereign debt for protecting nearly one third of its ocean area.
It’s hailed as the first of its kind. “Seychelles is clearly breaking new grounds and with it, it has positioned itself as a world leader in ocean governance and management,”
What You Can Learn About the Future of Cities from Wakanda – CityLab
Citylab has pulled together a Wakanda Reader, or online bibliography of sorts, to indulge those who are interested in the larger questions around urbanism implicated in Black Panther. We would call it a syllabus, but there are already several syllabi available—this #WakandaSyllabusfrom Walter Greason, an economic history professor at Monmouth University and founder of the International Center of Metropolitan Growth, is particularly good. This Wakanda curriculum for middle school grades from school teacher Tess Raker has also been making the rounds.
As for what else has been circulating, here’s an exhaustive, still-living-and-growing list of articles that build upon the Wakandan mystique:
What Does China’s ‘Ecological Civilization’ Mean for Humanity’s Future? | By Jeremy Lent | Common Dreams
China’s leader affirms an ecological vision aligned with progressive environmental thought. Whether it’s mere rhetoric or has a deeper resonance within Chinese culture may have a profound global effect
Propaganda or hope for the future?
Seven Swans A Swimming
Note reference to robotic manta rays monitoring below surface conditions.
Robotic swans used to monitor quality of Singapore’s drinking water https://www.dezeen.comin/2018/01/18/robotic-swans-monitor-water-singapore-reservoirs-national-university-singapore/
Canadian report recommends nationwide retrofit strategy to cut emissions from large buildings | Proud Green Building
A new report by the Canada Green Building Council (CaGBC) delivers a detailed roadmap for reducing greenhouse gas emissions from large buildings like office towers, recreation centers, hospitals, arenas and schools across the country. CaGBC’s A Roadmap for Retrofits in Canadademonstrates the critical role existing buildings play in realizing Canada’s low carbon future, according to a release.
The report provides recommendations to retrofit large buildings that will contribute to achieving a reduction in GHG emissions of at least 30 percent (or 12.5 million tons) by 2030, with the potential to reach 51 percent or 21.2 million tons. The roadmap provides government and industry with a targeted plan to yield the greatest carbon savings from buildings and grow Canada’s clean economy.
Source: Canadian report recommends nationwide retrofit strategy to cut emissions from large buildings | Proud Green Building