While you may pay a lower premium, the insurer could give you unreasonably
low damage estimates or force you to pay more for manufacturer replacement parts.
Not exact matches
In addition, energy stocks rebounded and, based on
damage estimates being
lower than initially thought, insurance company shares mounted a comeback as well.
With
estimates of the revenue - maximizing rate in the 60s or
low 70s, such tax hikes would leave little room to tax the wealthy for anything else, and it could create real economic
damage in the process.
In a further setback to reducing U.S. carbon emissions, the U.S Environmental Protection Agency has proposed
lowering the U.S. government's «social cost» of carbon, or the
estimated cost of sea - level rise,
lower crop yields, and other climate - change related economic
damages, from $ 42 per ton by 2020 to a
low of $ 1 per ton.
Such
estimates are based on a total loss scenario for the affected homes and could be
lower depending on the amount of
damage caused.
The Civic's $ 1,274 in
estimated rear
damage when hit by the CR - V was the
lowest among cars in this test.
Alarmed at the pace of change to our Earth caused by human - induced climate change, including accelerating melting and loss of ice from Greenland, the Himalayas and Antarctica, acidification of the world's oceans due to rising CO2 concentrations, increasingly intense tropical cyclones, more
damaging and intense drought and floods, including glacial lakes outburst loods, in many regions and higher levels of sea - level rise than
estimated just a few years ago, risks changing the face of the planet and threatening coastal cities,
low lying areas, mountainous regions and vulnerable countries the world over,
The innocent layperson may have thought that looming climate change
damages would be enough, but that isn't the case for the
lower range of sensitivity
estimates, again as EPA's own table shows.
Likewise, when climate sensitivity is
low, emissions drive less temperature change and cause less
damage, leading to
lower estimates of the SCC.
In contrast, EPA's
estimate for the total gains from avoided climate change
damages as well as other factors (such as reduced macroeconomic volatility from reduced reliance on oil imports), might yield as little as $ 29 billion in the year 2040, in the scenario where the «social cost of carbon» is relatively
low.
«For existing RPS policies, the
lower - bound
estimates for human health benefits associated with improved air quality come in at least $ 48bn, plus $ 37bn in benefits from reduced
damage to the climate.»
The vulnerable nations declared that they are, «Alarmed at the pace of change to our Earth caused by human - induced climate change, including accelerating melting and loss of ice from Greenland, the Himalayas and Antarctica, acidification of the world's oceans due to rising CO2 concentrations, increasingly intense tropical cyclones, more
damaging and intense drought and floods, including Glacial Lakes Outburst Floods, in many regions and higher levels of sea - level rise than
estimated just a few years ago, risks changing the face of the planet and threatening coastal cities,
low lying areas, mountainous regions and vulnerable countries the world over...»
(1) climate sensitivity
estimates ignore higher
estimates; (2)
damage estimates at
low - temp increases (2.5 C) are off; (3)
damage estimates at high - temp increases (10C to 20C) are just silly.
But the
estimates of «one to seven years» means that there will be no periods in the 21st century when temperatures are
low enough to keep the corn earworm from
damaging crops.
It's correct to take the precautionary principle into account in the
estimate of the
damages giving more weight to the unfavorable outcomes than to the favorable, but the uncertainties in the efficiency of the mitigating measures should be also taken into account and taken them into account means that the correct level of tax is
lower than it would be without this uncertainty.
Along with the hot summer, annual precipitation for 2003 was as much as 12 inches (300 millimeters) below normal, leaving most of Europe in a drought.21
Damages to the agricultural sector were
estimated at more than U.S. $ 16 billion (more than $ 13 billion).3, 21 Many areas saw an increase in wildfires, while
low water levels in major rivers led to problems ranging from irrigating crops to cooling power plants.4, 21,22
Aerosol injections are the most prominent solar geoengineering scheme, and a tempting one: at under $ 10 billion annually the
estimated direct costs are
low when compared to the trillions of dollars in climate
damages they might help to offset.
• Poles to tropics temperature gradient, average temp of tropics over past 540 Ma; and arguably warming may be net - beneficial overall • Quotes from IPCC AR4 WG1 showing that warming would be beneficial for life, not
damaging • Quotes from IPCC AR5 WG3 stating (in effect) that the
damage functions used for
estimating damages are not supported by evidence • Richard Tol's breakdown of economic impacts of GW by sector • Economic
damages of climate change — about the IAMs • McKitrick — Social Cost of Carbon much
lower than commonly stated • Bias on impacts of GHG emissions — Figure 1 is a chart showing 15 recent
estimates of SCC — Lewis and Curry, 2015, has the
lowest uncertainty range.
The study finds that the 20 gigawatts (GW) of solar installed as of the end of 2014 is already
lowering annual GHGs by 17 million metric tons, worth about $ 700 million per year if valued with a central
estimate of the «social cost of carbon» — the Obama Administration's
estimate of the long - term
damage done by one ton of carbon emissions.
Yet, when we
estimate the
damage costs of CO2 emissions, Sir Nicholas Stern, Ross Garnaut and Richard Tol use comparatively very
low discount rates.
If this work is true, or partly true, 19 the total
damage being done by
low level ionising radiation may have been under -
estimated and would not be restricted to cancer.