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The world?s sixth-largest insurance company warns that property damage due to global warming could bankrupt the world by 2065. Dr. Andrew Dlugolecki, a director at CGNU, Britain?s largest insurance group, told delegates at the recent climate change conference in the Netherlands that the cost of damage caused by changing weather will exceed the world?s wealth.

“Property damage is rising very rapidly, at something like 10 percent a year,” Dr. Dlugolecki said. “We?ve still not yet really begun to see the effects of climate change in the West. What we are seeing so far is largely the result of more people living in areas which are becoming more dangerous. But once this thing begins to happen, it will accelerate extremely rapidly.”
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Word has just leaked out that the ice sheet that covers Greenland is melting. This means we could face a rise in sea levels that will flood huge areas in the world?s most populated regions, according to a report by the United Nations Intergovernmental Panel on Climate Change (IPCC). Dozens of countries may be wiped off the map.
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New Scientist, NYT – The waters are rising. We may soon say goodbye to Tuvalu and Kiribati. Goodbye the Maldives (and Florida). And goodbye Holland, which is especially unfair for the nation that is hosting the UN summit on global warming, where the U.S. has agreed to plant more trees, but not to cut down on greenhouse emissions. But even if all the nations there agree to reduce carbon emissions, it might already be too late to save the Greenland ice sheet, which would cause a rise in the sea level and the disappearance of dozens of nations, and parts of others.
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Countries that pollute the least will suffer the most from global warming.

The newly formed Tyndall Center for Climate Change Research in Britain predicts that some countries will warm up more than twice as much as others during the coming century. The Director, Mike Hulme, says, “What is critical about our report is that for the first time it shows individual countries how much warming to expect and how the burden of climate change will be distributed across the world.”
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