Alberta's floods . . . rest of Canada will pay higher insurance rates

[(ಠ_ಠ)]

THIS is just part of what the scientists and economists have been saying will
be the 'true cost of global warming'. And Alberta is the king of CO2 emissions
in North America.
___________________________________________________

CBC News Posted: Nov 04, 2014

B.C. insurance rates rising after Alberta floods

Businesses as well as homeowners are starting to feel the pinch

The ripples from last year's devastating floods in Alberta are making their
presence felt in B.C. as insurance companies pass on their costs with higher
premiums.

And homeowners faced with a hike in rates can expect to be hit twice — as local
businesses pass on the cost of their own higher premiums by pushing up the
prices of their goods and services.

Richard Truscott with the Canadian Federation for Independent Business says his
members are feeling the pinch.

"Those costs can really add up for a small business, especially ones that are
struggling, or marginally profitable, or start ups."

Truscott told CBC News that the higher premiums could lead to reduced hours or
even layoffs for staff, as well as higher costs for consumers.

But that will be a double hit for homeowners, who are already paying hundreds
of dollars more on their premiums, especially landlords who aren't able to pass
on the costs to tenants.

David Hutniak with Landlord BC says because of rent control, landlords are
stuck shouldering the increase.

Hutniak says his members end up having to weigh higher deductables or less
coverage in order to afford the higher premiums.
___________________________________________

Canada’s Oil Sands CO2 Emissions Rise as Production Grew - Dec 5, 2012

http://www.bloomberg.com/news/2012-12-05/canada-s-oil-sands-co2-emissions-rise-as-production-grew.html

http://www.desmogblog.com/top-10-facts-canada-alberta-oil-sands-information

FACT #9: Emissions from the Alberta Oil Sands have increased some 267 percent
between 1990 and 2011, according to Environment Canada, although per-barrel
emissions have gone down a reported 26 percent. The overall increase of
Canada’s expanding tar sands extraction, however, has the nation’s total
emissions set to increase steadily over the next several decades.

FACT #10: Climate pollution from producing tar sands oil is projected to hit
104 MtCO2 by 2020. That is twice current emissions from Norway or Bangladesh –
and exceeds the combined emissions from 85 nations.10
_____________________________________________

[Alan Baker]

Post by (ಠ_ಠ)
THIS is just part of what the scientists and economists have been
saying will be the 'true cost of global warming'. And Alberta is the
king of CO2 emissions in North America.

No, Karen: Alberta is NOT the king of such emissions.

That is only a fantasy you have.

Post by (ಠ_ಠ)
___________________________________________________
CBC News Posted: Nov 04, 2014
B.C. insurance rates rising after Alberta floods
Businesses as well as homeowners are starting to feel the pinch
The ripples from last year's devastating floods in Alberta are making
their presence felt in B.C. as insurance companies pass on their costs
with higher premiums.
And homeowners faced with a hike in rates can expect to be hit twice —
as local businesses pass on the cost of their own higher premiums by
pushing up the prices of their goods and services.
Richard Truscott with the Canadian Federation for Independent Business
says his members are feeling the pinch.
"Those costs can really add up for a small business, especially ones
that are struggling, or marginally profitable, or start ups."
Truscott told CBC News that the higher premiums could lead to reduced
hours or even layoffs for staff, as well as higher costs for consumers.
But that will be a double hit for homeowners, who are already paying
hundreds of dollars more on their premiums, especially landlords who
aren't able to pass on the costs to tenants.
David Hutniak with Landlord BC says because of rent control, landlords
are stuck shouldering the increase.
Hutniak says his members end up having to weigh higher deductables or
less coverage in order to afford the higher premiums.
___________________________________________
Canada’s Oil Sands CO2 Emissions Rise as Production Grew - Dec 5, 2012
http://www.bloomberg.com/news/2012-12-05/canada-s-oil-sands-co2-emissions-rise-as-production-grew.html
http://www.desmogblog.com/top-10-facts-canada-alberta-oil-sands-information
FACT #9: Emissions from the Alberta Oil Sands have increased some 267
percent between 1990 and 2011, according to Environment Canada,
although per-barrel emissions have gone down a reported 26 percent. The
overall increase of Canada’s expanding tar sands extraction, however,
has the nation’s total emissions set to increase steadily over the next
several decades.
FACT #10: Climate pollution from producing tar sands oil is projected
to hit 104 MtCO2 by 2020. That is twice current emissions from Norway
or Bangladesh – and exceeds the combined emissions from 85 nations.10
_____________________________________________