By now, I'm quite sure that you think climate change is seriously impacting the planet with more storms and hurricanes, warmer weather, less ice, rising seas, droughts, and even dying polar bears. The climate alarmists and our politicians have told us so.
Of course, if that was all true, one would think that weather related insurance claims and rates would be going through the roof.
But, liberal billionaire Warren Buffet thinks not.
In an interview with CNBC, Buffett said that he's not calculating catastrophes any differently. In other words, he's just not seeing any impact from climate activity on his insurance businesses. Not in the last 5 years, not now, and not in the next five years. However, he did say that it might not be the case 10 years from now.
That is the inconvenient truth that Al Gore just might choke on.
By the way. It should be pointed out that there has not been a Category 3
hurricane in the Atlantic in the last 9 years. This is despite the fact, that in the above referenced movie, An
Inconvenient Truth, Al Gore predicted an increasing frequency and intensity
of hurricanes due to global warming. This year, once again, the Atlantic hurricane season remains a dud.
References:
CNBC Interview: http://www.cnbc.com/id/101460458
3,264 Days Without a Major Hurricane Strike: http://www.drroyspencer.com/2014/10/3264-days-without-a-major-hurricane-strike/
Atlantic hurricane season remains inactive: http://www.local10.com/weather/atlantic-hurricane-season-remains-inactive/28229472
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