notsonice + 1,266 DM September 4, 2023 3 hours ago, Ron Wagner said: The most likely proof of man caused climate change is the rising of ocean levels, not including earth subsidence. It is not proof in itself but the most likely indicator IMO. Yet ocean levels have always changed. I have pointed this out many times. Half of Florida was once underwater as was much of Western America, especially California. It is much more realistic for man to adjust to ocean rise than to ban fossil fuels. Nature produces far more methane than man ever has or could. It bubbles up from the ocean and all bodies of water, it is created by all dying organisms, mainly plant life. Man has a puny role in the creation of methane. https://docs.google.com/document/d/1vHU2hHXebxpvExT7srNNnX-VM7Qn9Ak_ZmdKCIcUti8/edit Global Warming AKA Climate Change and Just Plain Weather In my lifetime I will see fossil fuel use cut in half.............halting global warming......... Hopefully Florida will make it through the hell on earth brought to those who think burning more coal and using more oil is a good thing....... Thank God Sleepy Joe is in charge and is working hard to halt global warming......... 1 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 September 4, 2023 (edited) 2 hours ago, notsonice said: Thank God Sleepy Joe is in charge and is working hard to halt global warming......... Indeed Beijing Biden is one busy geriatric stunner so to speak. Below it looks like the automotive demand has tanked to crisis proportions...Quid Pro Quo? Joey say it isn't so! 12 billion the malfeasance is unprecedented...or perhaps traitorous. Biden’s $12 Billion Answer To Converting The Trillion Dollar Auto Industry The supply of electric vehicles is significantly outstripping sales this summer. https://oilprice.com/Energy/Energy-General/Bidens-12-Billion-Answer-To-Converting-The-Trillion-Dollar-Auto-Industry.html Edited September 4, 2023 by Eyes Wide Open 2 Quote Share this post Link to post Share on other sites
notsonice + 1,266 DM September 4, 2023 11 hours ago, Eyes Wide Open said: Indeed Beijing Biden is one busy geriatric stunner so to speak. Below it looks like the automotive demand has tanked to crisis proportions...Quid Pro Quo? Joey say it isn't so! 12 billion the malfeasance is unprecedented...or perhaps traitorous. Biden’s $12 Billion Answer To Converting The Trillion Dollar Auto Industry The supply of electric vehicles is significantly outstripping sales this summer. https://oilprice.com/Energy/Energy-General/Bidens-12-Billion-Answer-To-Converting-The-Trillion-Dollar-Auto-Industry.html Geriatric Joe????? yet he is moving fast on the Global warming turnaround.... I enjoy Sleepy Joe running circles around you and your dimwitted pals.......... you have to increase supply of EVs in order to sell more EVs......... number one rule in business you have to have more inventory in order to sell more inventory......Empty shelves and you get not sales. Coal is toast ....Oil is following in the same path Solar Wind Heat Pumps EV's battery storage.......Are here now....... Post some sales numbers for EVs from 2022 and compare them to 2023.........Enjoy reality Sleepy Joe is reshaping America back into a manufacturing powerhouse..........unlike your beloved GOP which handed China the keys to shop buildings across America Onshoring is in full force Making America Green Again and at the same time employing Americans have you notice the gain in manufacturing jobs under Sleepy Joes belt???? US manufacturing jobs now are back up to 2008 levels.....Thanks to Sleepy Joe PS love the Semiconductor Act.............. Biden BOOOOOOOOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMM Quote Share this post Link to post Share on other sites
notsonice + 1,266 DM September 4, 2023 Biden BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM pv magazine USA Over 155 GW of U.S. solar manufacturing announced in one year The U.S. has begun to reshore its energy supply chain one year after the passage of the Inflation Reduction Act. . 3 weeks ago Canary Media The US climate law is fueling a factory frenzy. Here's the latest… In just 12 short months, Biden's Inflation Reduction Act has spurred more than 100 new cleantech manufacturing announcements and nearly $80B... . 3 weeks ago Reuters Siemens to make solar energy equipment for US market in Wisconsin German conglomerate Siemens said on Tuesday it will start producing solar energy equipment in the United States in 2024 through a contract... . 3 weeks ago CleanTechnica Turning America Into A Solar Manufacturing Powerhouse A wave of new announcements by manufacturers reveals a massive swing in the American solar industry: a domestic solar manufacturing boom is... . Mar 31, 2023 Solar Power World Solar subcomponent market picks up as manufacturers seek domestic materials If there was ever a time for U.S. solar panel assemblers to Americanize their bills of material, it's now. . 1 month ago KOAT First U.S. solar manufacturing company coming to Albuquerque Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan... . 3 weeks ago KED Global Hanwha Q Cells brings forward US solar module production Hanwha Q Cells Co., a solar power unit of South Korea's chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US... . 3 days ago PR Newswire Heliene and Nexamp Forge Historic Deal: 1.5 GW of American-Made Solar Modules for Largest Ever U.S. Community ... U.S. Secretary of Energy Jennifer M. Granholm joined with Heliene and Nexamp to tour Heliene's manufacturing facility and announce the new... . 4 days ago pv magazine India Bila Solar to make lightweight solar modules in US Bila Solar – a Singapore-based developer of glassless, frameless PV modules – has announced plans to invest about $35 million to renovate a... . 16 hours ago Solar Energy Industries Association Made in America: The Solar Manufacturing Renaissance is Here | SEIA Clean energy incentives are driving American companies to increase production and invest billions of dollars to expand domestic solar... . Jul 3, 2023 Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) 19 hours ago, Eyes Wide Open said: Indeed Beijing Biden is one busy geriatric stunner so to speak. Below it looks like the automotive demand has tanked to crisis proportions...Quid Pro Quo? Joey say it isn't so! 12 billion the malfeasance is unprecedented...or perhaps traitorous. Biden’s $12 Billion Answer To Converting The Trillion Dollar Auto Industry The supply of electric vehicles is significantly outstripping sales this summer. https://oilprice.com/Energy/Energy-General/Bidens-12-Billion-Answer-To-Converting-The-Trillion-Dollar-Auto-Industry.html This is how it will be going forward, the potential market for EVs is now satisfied and saturated with unwanted product. There was always going to be only a limited market for EVs, even our resident EV fanatic has not purchased one. Done and dusted. "The bad news (for EV manufacturers): the supply of electric vehicles is significantly outstripping sales, “Sales have been rising and are clearly going up with all the new entrants in the marketplace. But sales are not going up to the same extent that inventory is going up. As we approach the end of the second quarter of this year, average inventory for electric vehicles tops more than 92,000 units on the ground at dealer lots as we look at inventory versus this time 2022. That's a whopping 342% year over year increase. During the same period, maybe the day supply increased 166% the 90 day supply, though the pace of sales while up, is not rising as fast as inventory builds,” Jeremy Robb, senior director of economic and industry insight at Cox Automotive, told reporters at a briefing." Edited September 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) On 9/2/2023 at 12:50 AM, turbguy said: ..but there IS smart money in insurance underwriting... Florida residents have increasingly turned to Citizens Property Insurance Corporation, a public entity established by the Florida government (even more government-controlled than California's) as the state’s so-called “insurer of last resort” for people unable to find affordable rates from private insurers. For more and more residents, though, Citizens is becoming the first and only option, especially for those with coastal homes at particular risk from hurricanes. In 2019, Citizens had about 400,000 home insurance policies on its books; today, it has more than 1.3 million, about twice as many as the state’s next-largest insurer. If a hurricane(s) destroy(s) too many homes covered by Citizens policies and the "insurer" faces bigger claims than it can afford to pay, the public company won’t go belly up. Instead, such an event will trigger what is known as an "assessment", wherein state law mandates that Citizens imposes fees on private insurance policies across the state in order to cover its payouts. And it’s not just property insurance-policy holders that may have to pull out the checkbook. If you live in Florida and have auto insurance, but can’t afford to own a home, you can still be stuck contributing to funds that pay for homeowners to rebuild after a big storm. Private insurance companies have already withdrawn from the California business insurance market, and it has nothing to do with climate events. The new California legal changes making it illegal to interfere with robberies and pillaging while in progress have frightened the insurance business away from California. You could face legal charges for attempting to prevent crimes. You cannot have your cake and eat it too, if the laws protecting property are vilified and trampled by the state deadhead liberals, the flight of business insurance will force companies to leave California. California may become an economic dead zone for travelers and those seeking a better life. Edited September 5, 2023 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 714 September 5, 2023 22 hours ago, notsonice said: In my lifetime I will see fossil fuel use cut in half.............halting global warming......... Hopefully Florida will make it through the hell on earth brought to those who think burning more coal and using more oil is a good thing....... Thank God Sleepy Joe is in charge and is working hard to halt global warming......... notsonice: You need to start thinking independent of the propaganda all around you. Watch the ocean levels for yourself, they are the only true indicator of global warming and they have always changed and always will. Mankind can adapt to that over the centuries. Tell Asia to stop using coal. We use a small fraction of what they do. Quote Share this post Link to post Share on other sites
turbguy + 1,556 September 5, 2023 (edited) 1 hour ago, Ecocharger said: Private insurance companies have already withdrawn from the California business insurance market, and it has nothing to do with climate events. The new California legal changes making it illegal to interfere with robberies and pillaging while in progress have frightened the insurance business away from California. You could face legal charges for attempting to prevent crimes. You cannot have your cake and eat it too, if the laws protecting property are vilified and trampled by the state deadhead liberals, the flight of business insurance will force companies to leave California. California may become an economic dead zone for travelers and those seeking a better life. Property insurance and business insurance are not the same. Property insurance protects your personal property from damage or loss, while business insurance protects your business assets and operations from financial losses. There are a number of factors that have caused property insurance companies to leave the California market. These include: The increasing risk of wildfires. California is one of the most wildfire-prone states in the country. In recent years, there have been a number of devastating wildfires that have caused billions of dollars in damage. This has made it more difficult for insurance companies to stay profitable in the state. Soaring construction costs. The cost of rebuilding homes after a fire has also increased significantly in recent years. This is due to a number of factors, including the rising cost of materials and labor. Insurance companies have to factor these higher costs into their premiums, which makes it more expensive for homeowners to get insurance. Climate change. Climate change is making wildfires more frequent and severe. This is a long-term trend that is expected to continue, which means that the risk of wildfires in California will only increase in the future. This is making it even more difficult for insurance companies to stay in the market. Regulatory challenges. California has some of the strictest insurance regulations in the country. This makes it more difficult for insurance companies to operate in the state and to get rate increases approved. As I said, smart money. Edited September 5, 2023 by turbguy 1 Quote Share this post Link to post Share on other sites
notsonice + 1,266 DM September 5, 2023 4 hours ago, Ron Wagner said: notsonice: You need to start thinking independent of the propaganda all around you. Watch the ocean levels for yourself, they are the only true indicator of global warming and they have always changed and always will. Mankind can adapt to that over the centuries. Tell Asia to stop using coal. We use a small fraction of what they do. Ron...Shove off .........I do not need someone such as yourself telling me how to think...... You are one of the worst for pushing bs propaganda again shove off......I despise people who start telling people how to think 1 Quote Share this post Link to post Share on other sites
notsonice + 1,266 DM September 5, 2023 4 hours ago, Ecocharger said: Private insurance companies have already withdrawn from the California business insurance market, and it has nothing to do with climate events. The new California legal changes making it illegal to interfere with robberies and pillaging while in progress have frightened the insurance business away from California. You could face legal charges for attempting to prevent crimes. You cannot have your cake and eat it too, if the laws protecting property are vilified and trampled by the state deadhead liberals, the flight of business insurance will force companies to leave California. California may become an economic dead zone for travelers and those seeking a better life. The new California legal changes making it illegal to interfere with robberies and pillaging while in progress have frightened the insurance business away from California. ??? what a crock of BS they are not writing new policies due to heavy losses on destruction of property due to wildfires. And premiums are going up on existing policies to keep the insurers from going bankrupt. same in Florida due to heavy losses associated with tropical storms and hurricanes....... you see all new construction in Florida at sea level being built with living space above max surge height ...you are also seeing high deductibles everywhere for roofs..... I am reinsuring my primary residence right now and the deductible for the roof from all insurers are at a minimum of $12000 cost of insurance in Florida is 3 times what it cost 10 years ago ....you can get a policy but you might not be able to pay the premium Business insurance is typically Liability insurance, inventory insurance and workmans comp insurance which has nothing to do with natural disasters..... what you are seeing in California is all new construction is essential fire proof...stucco exteriors and tile roofs as property insurers love brick, stucco and tile roofs they hate asphalt shingles or wood siding or log cabins (good luck getting a low cost policy or any insurance at all on a log cabin) 1 Quote Share this post Link to post Share on other sites
Jeroen Goudswaard + 61 September 5, 2023 On 8/31/2023 at 3:09 AM, Ecocharger said: CO2 emissions data are of no importance to anyone. Worthless data, anthropogenic atmospheric CO2 has no significant impact on climate. You can keep on repeating the same statement, but it doesn't make it true. 1 Quote Share this post Link to post Share on other sites
Jeroen Goudswaard + 61 September 5, 2023 On 8/31/2023 at 5:56 PM, Ecocharger said: The fact remains that anthropogenic atmospheric CO2 is of no significance in climate change. You and your masters may not like it, but the facts are clear. I "studied law" like you "studied" statistics and economics. The climate scientists are all over the map as far as greenhouse gases are concerned, and here is one group which does not even list H2O as a greenhouse gas. despite the fact that H2O is by far the most potent and powerful greenhouse gas. The source is the IPCC, so that is no surprise. https://www.c2es.org/content/main-greenhouse-gases/ "Global Warming Potential and Atmospheric Lifetime for Major Greenhouse Gases Greenhouse gas Chemical formula Global Warming Potential, 100-year time horizon Atmospheric Lifetime (years) SOURCE Fifth Assessment Report (Intergovernmental Panel on Climate Change, 2014)." Carbon Dioxide CO2 1 100* Methane CH4 25 12 Nitrous Oxide N2O 265 121 Chlorofluorocarbon-12 (CFC-12) CCl2F2 10,200 100 Hydrofluorocarbon-23 (HFC-23) CHF3 12,400 222 Sulfur Hexafluoride SF6 23,500 3,200 Nitrogen Trifluoride NF3 16,100 500 Atmospheric lifetime of water is 4-5 days. You seem to believe water vapor is one of the main drivers of Earth’s current warming. But increased water vapor doesn’t cause global warming. Instead, it’s a consequence of it. Increased water vapor in the atmosphere amplifies the warming caused by other greenhouse gases. It works like this: As greenhouse gases like carbon dioxide and methane increase, Earth’s temperature rises in response. This increases evaporation from both water and land areas. Because warmer air holds more moisture, its concentration of water vapor increases. Specifically, this happens because water vapor does not condense and precipitate out of the atmosphere as easily at higher temperatures. The water vapor then absorbs heat radiated from Earth and prevents it from escaping out to space. This further warms the atmosphere, resulting in even more water vapor in the atmosphere. This is what scientists call a "positive feedback loop." Scientists estimate this effect more than doubles the warming that would happen due to increasing carbon dioxide alone. (from NASA) Quote Share this post Link to post Share on other sites
Jeroen Goudswaard + 61 September 5, 2023 On 9/4/2023 at 6:51 AM, notsonice said: In my lifetime I will see fossil fuel use cut in half.............halting global warming......... Hopefully Florida will make it through the hell on earth brought to those who think burning more coal and using more oil is a good thing....... Thank God Sleepy Joe is in charge and is working hard to halt global warming......... Global warming is only halted when we are at net-zero. If we still burn 50 million barrels a day, we are still adding a lot more CO2 to the atmosphere. We would still see temperatures increase. Quote Share this post Link to post Share on other sites
Jeroen Goudswaard + 61 September 5, 2023 On 9/4/2023 at 3:43 AM, Ron Wagner said: The most likely proof of man caused climate change is the rising of ocean levels, not including earth subsidence. It is not proof in itself but the most likely indicator IMO. Yet ocean levels have always changed. I have pointed this out many times. Half of Florida was once underwater as was much of Western America, especially California. It is much more realistic for man to adjust to ocean rise than to ban fossil fuels. Nature produces far more methane than man ever has or could. It bubbles up from the ocean and all bodies of water, it is created by all dying organisms, mainly plant life. Man has a puny role in the creation of methane. https://docs.google.com/document/d/1vHU2hHXebxpvExT7srNNnX-VM7Qn9Ak_ZmdKCIcUti8/edit Global Warming AKA Climate Change and Just Plain Weather 1/3 of CO2 in the atmosphere has been put there by mankind in the last 200 years. Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) 1 hour ago, Jeroen Goudswaard said: 1/3 of CO2 in the atmosphere has been put there by mankind in the last 200 years. Start doing some research, friend. I gave you the links which you have apparently decided to ignore. Anthropogenic CO2 accounts for less than one-tenth of one percent of global warming, even using the most optimistic assumptions for greenhouse gas effect. Edited September 5, 2023 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) You knew that this was going to happen...coal fired plants being classified as "green". Well, here it is. https://www.reuters.com/business/energy/indonesia-considers-green-financing-coal-fired-power-plants-that-supply-ev-2023-09-05/ "Indonesia's financial regulator (OJK) is considering making coal-fired power plants that supply electricity to electric vehicle battery manufacturers eligible for green financing, its chief said on Tuesday, drawing criticism from environmentalists. OJK chief Mahendra Siregar told reporters Indonesia's "green taxonomy", a framework defining what investment is considered environmentally friendly, is currently being revised to include funding for early retirement of coal power plants, to match the taxonomy agreed by the Association of Southeast Asian Nations (ASEAN)." Edited September 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 2 hours ago, Jeroen Goudswaard said: Atmospheric lifetime of water is 4-5 days. You seem to believe water vapor is one of the main drivers of Earth’s current warming. But increased water vapor doesn’t cause global warming. Instead, it’s a consequence of it. Increased water vapor in the atmosphere amplifies the warming caused by other greenhouse gases. It works like this: As greenhouse gases like carbon dioxide and methane increase, Earth’s temperature rises in response. This increases evaporation from both water and land areas. Because warmer air holds more moisture, its concentration of water vapor increases. Specifically, this happens because water vapor does not condense and precipitate out of the atmosphere as easily at higher temperatures. The water vapor then absorbs heat radiated from Earth and prevents it from escaping out to space. This further warms the atmosphere, resulting in even more water vapor in the atmosphere. This is what scientists call a "positive feedback loop." Scientists estimate this effect more than doubles the warming that would happen due to increasing carbon dioxide alone. (from NASA) Those feedbacks were incorporated into the models which I linked for you above. That still leaves atmospheric H2O as the dominant greenhouse gas. Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) Oil demand is ramping up during the Biden & Co. tenure at the helm of the nation. Thank you, Uncle Joe. https://edition.cnn.com/2023/08/09/business/oil-production-biden-trump/index.html "US oil production is poised to shatter all-time records set during the Trump administration. US oil output is now projected to rise to an average of 12.8 million barrels per day this year for the first time ever, according to federal estimates released Tuesday. For context, that’s about half a million barrels per day more than the prior annual record set in 2019. It’s also more oil than any other country on the planet produces — the next-closest nation, Saudi Arabia, produces about 10 million barrels per day," Edited September 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) 13 hours ago, turbguy said: Property insurance and business insurance are not the same. Property insurance protects your personal property from damage or loss, while business insurance protects your business assets and operations from financial losses. There are a number of factors that have caused property insurance companies to leave the California market. These include: The increasing risk of wildfires. California is one of the most wildfire-prone states in the country. In recent years, there have been a number of devastating wildfires that have caused billions of dollars in damage. This has made it more difficult for insurance companies to stay profitable in the state. Soaring construction costs. The cost of rebuilding homes after a fire has also increased significantly in recent years. This is due to a number of factors, including the rising cost of materials and labor. Insurance companies have to factor these higher costs into their premiums, which makes it more expensive for homeowners to get insurance. Climate change. Climate change is making wildfires more frequent and severe. This is a long-term trend that is expected to continue, which means that the risk of wildfires in California will only increase in the future. This is making it even more difficult for insurance companies to stay in the market. Regulatory challenges. California has some of the strictest insurance regulations in the country. This makes it more difficult for insurance companies to operate in the state and to get rate increases approved. As I said, smart money. Both property insurance and business insurance are involved in losses due to theft and looting. Here is where California is going, with projected new laws making it an offence to interfere with robberies and looting in progress. https://www.ktvu.com/news/major-retail-brands-threaten-to-close-stores-over-rampant-retail-theft "Walmart CEO Doug McMillon said the big box retailer could close some of its stores if thefts continue to plague those locations. Target projects it will lose $600 million by the end of its fiscal year. And Walgreens has started closing theft-ridden stores including in San Francisco.The National Retail Federation sets last year's losses at almost $95 billion. Organized crime theft rose 26%. If Walmart closes its problem stores, the California Retailers Association says it's a problem for the communities they serve." "Prop 47, which passed in 2014, enacted many crucial criminal reforms. But it also increased the misdemeanor theft level from $400 to $950 per theft, often resulting in the thieves being cited and released. "Candidly, people are not being held accountable for breaking the laws. " said Michelin. For example, thieves go from store to store and steal $900 in merchandise at five places. That $4,500 worth of goods is no longer combined. "It's a misdemeanor. It's not a felony. So, people are using theft as a business to fund other illegal activities because there's not a penalty for it," said Michelin." Edited September 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
notsonice + 1,266 DM September 5, 2023 7 minutes ago, Ecocharger said: Both property insurance and business insurance are involved in losses due to theft and looting. Here is where California is going, with projected new laws making it an offence to interfere with robberies and looting in progress. https://www.ktvu.com/news/major-retail-brands-threaten-to-close-stores-over-rampant-retail-theft "Walmart CEO Doug McMillon said the big box retailer could close some of its stores if thefts continue to plague those locations. Target projects it will lose $600 million by the end of its fiscal year. And Walgreens has started closing theft-ridden stores including in San Francisco.The National Retail Federation sets last year's losses at almost $95 billion. Organized crime theft rose 26%. If Walmart closes its problem stores, the California Retailers Association says it's a problem for the communities they serve." "Prop 47, which passed in 2014, enacted many crucial criminal reforms. But it also increased the misdemeanor theft level from $400 to $950 per theft, often resulting in the thieves being cited and released. "Candidly, people are not being held accountable for breaking the laws. " said Michelin. For example, thieves go from store to store and steal $900 in merchandise at five places. That $4,500 worth of goods is no longer combined. "It's a misdemeanor. It's not a felony. So, people are using theft as a business to fund other illegal activities because there's not a penalty for it," said Michelin." Target projects it will lose $600 million by the end of its fiscal year. all in California???? no across the US...... so this is not $600 million in California.... once again you post BS trying to back up your claim that .......robberies and pillaging while in progress have frightened the insurance business away from California... what a load of BS Insurers are backing off in California due to global warming side effects...IE massive fires...dry forests...... Have you ever been in a forest???? or do you just hang out in a trailer camp waiting for your monthly check to come in the mail? back to your claim robberies and pillaging while in progress have frightened the insurance business away from California... you post no evidence that it is affecting insurance rates in California nor scaring away insurance companies from doing business with businesses and Both property insurance and business insurance are involved in losses due to theft and looting.????? and your claim how it is affecting specifically California..... you post nothing to support your BS.......................The new California legal changes making it illegal to interfere with robberies and pillaging while in progress have frightened the insurance business away from California. ??? Like I said, you are full of BS Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) 14 minutes ago, notsonice said: Target projects it will lose $600 million by the end of its fiscal year. all in California???? no across the US...... so this is not $600 million in California.... once again you post BS trying to back up your claim that .......robberies and pillaging while in progress have frightened the insurance business away from California... what a load of BS Insurers are backing off in California due to global warming side effects...IE massive fires...dry forests...... Have you ever been in a forest???? or do you just hang out in a trailer camp waiting for your monthly check to come in the mail? back to your claim robberies and pillaging while in progress have frightened the insurance business away from California... you post no evidence that it is affecting insurance rates in California nor scaring away insurance companies from doing business with businesses and Both property insurance and business insurance are involved in losses due to theft and looting.????? and your claim how it is affecting specifically California..... you post nothing to support your BS.......................The new California legal changes making it illegal to interfere with robberies and pillaging while in progress have frightened the insurance business away from California. ??? Like I said, you are full of BS Just shut up and read for a change. https://fee.org/articles/california-is-trying-to-pass-a-law-that-would-stop-employees-from-confronting-shoplifters-heres-why-it-would-be-a-disaster/ "... the chairman and CEO of Park Hotels and Resorts, announced earlier this month that his company would stop paying a $725 million loan on two of San Francisco’s largest hotels, Hilton San Francisco Union Square and Parc 55. Baltimore cited low demand and “concerns over street conditions” as reasons to stop payments on the hotels, which will be returned to the lender. The decision is another blow to downtown San Francisco and California, which has experienced a massive outflow of people and businesses. In fact, the list of companies that have left the Golden State is far too long to enumerate in a single article and includes established Fortune 500s such as Hewlett-Packard, Chevron, and Pabst Brewing, as well as rapidly growing ones such as Snowflake, Palantir, and Tesla." " California lawmakers recently made it clear they don’t take the matter seriously. "Earlier this month, the California Senate passed Bill 553 , legislation that would discourage retail store employees from confronting shoplifters. The legislation — passed weeks after a Home Depot security guard was shot and killed during a Pleasanton, California, robbery — is designed to protect employees, supporters say, by forbidding employers from instructing employees to confront shoplifters." "A law that would prohibit employers from telling their employees that customers are not allowed to take whatever they want without paying would clearly incentivize shoplifting. It would further promote the culture Fuller described, one in which it is viewed as “optional” to pay for things. This is the culture that is driving companies out of California. It’s not just crime or high taxes or pandemic mandates. It’s a culture that shows disdain for property rights, " Edited September 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
turbguy + 1,556 September 5, 2023 (edited) 37 minutes ago, Ecocharger said: Both property insurance and business insurance are involved in losses due to theft and looting. Here is where California is going, with projected new laws making it an offence to interfere with robberies and looting in progress. https://www.ktvu.com/news/major-retail-brands-threaten-to-close-stores-over-rampant-retail-theft "Walmart CEO Doug McMillon said the big box retailer could close some of its stores if thefts continue to plague those locations. Target projects it will lose $600 million by the end of its fiscal year. And Walgreens has started closing theft-ridden stores including in San Francisco.The National Retail Federation sets last year's losses at almost $95 billion. Organized crime theft rose 26%. If Walmart closes its problem stores, the California Retailers Association says it's a problem for the communities they serve." "Prop 47, which passed in 2014, enacted many crucial criminal reforms. But it also increased the misdemeanor theft level from $400 to $950 per theft, often resulting in the thieves being cited and released. "Candidly, people are not being held accountable for breaking the laws. " said Michelin. For example, thieves go from store to store and steal $900 in merchandise at five places. That $4,500 worth of goods is no longer combined. "It's a misdemeanor. It's not a felony. So, people are using theft as a business to fund other illegal activities because there's not a penalty for it," said Michelin." So, you of the mind that homeowners property insurance against theft is as big a risk in California as the cost of a new roof, or building a replacement home? That thieves break into a home to steal goods that they "might" find there, that are used, that are harder to fence, rather than business inventory that is conveniently on display, in new condition, that requires no " break in"? Oooh Kayyyy.... There are some exceptions to theft coverage. Most policies do not cover theft that occurs if you leave your door or window unlocked. Additionally, some policies have a deductible, which is a portion of the loss that you are responsible for paying. A study by the Insurance Information Institute found that the average homeowners policy in the United States allocates about 10% of its premium to cover the risk of theft. WHAT IS THE OTHER 90% FOR?? BTW, the perpetrators of the Home Depot event were arrested and charged with Murder, and a host of other crimes. Edited September 5, 2023 by turbguy Quote Share this post Link to post Share on other sites
notsonice + 1,266 DM September 5, 2023 (edited) 33 minutes ago, Ecocharger said: Just shut up and read for a change. https://fee.org/articles/california-is-trying-to-pass-a-law-that-would-stop-employees-from-confronting-shoplifters-heres-why-it-would-be-a-disaster/ "... the chairman and CEO of Park Hotels and Resorts, announced earlier this month that his company would stop paying a $725 million loan on two of San Francisco’s largest hotels, Hilton San Francisco Union Square and Parc 55. Baltimore cited low demand and “concerns over street conditions” as reasons to stop payments on the hotels, which will be returned to the lender. The decision is another blow to downtown San Francisco and California, which has experienced a massive outflow of people and businesses. In fact, the list of companies that have left the Golden State is far too long to enumerate in a single article and includes established Fortune 500s such as Hewlett-Packard, Chevron, and Pabst Brewing, as well as rapidly growing ones such as Snowflake, Palantir, and Tesla." Just shut up and read for a change. ????? nothing on your insurance claims again Pabst Brewing left??? Production Begins at City Brewing's California-Based Irwindale Brew Yard Production has begun at City Brewing's Irwindale, California-based facility, five months after the brewery's acquisition from Pabst Brewing,... they hired over 500 people and are running full shifts at Irwindale right now try again . Aug 18, 2021 Tesla left???? guess the Texas move was for one person ....Elon to reduce his personal taxes...... 47,000 Tesla employees in California alone..........Enjoy eating crow In February 2023, the Tesla CEO said the company is moving into office space in Palo Alto Where is Tesla headquarters now? CEO Elon Musk moved Tesla's corporate headquarters from California to Austin, Texas officially in December 2021. However, it still employs thousands of workers in California. In February 2023, the Tesla CEO said the company is moving into office space in Palo Alto previously occupied by Hewlett-Packard. He said the move will allow the company to work more on its plans for autonomous driving and robotics. Despite the move to Texas -- its second US Tesla gigafactory -- the carmaker continued to produce many of its cars at its factory in Fremont, California, and still maintains a presence at its previous company headquarters in Palo Alto. As of January, Tesla employs about 47,000 workers in California, according to its blog. Edited September 5, 2023 by notsonice Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 3 minutes ago, turbguy said: So, you of the mind that homeowners property insurance against theft is as big a risk in California as the cost of a new roof, or building a replacement home? That thieves break into a home to steal goods that they "might" find there, that are used, that are harder to fence, rather than business inventory that is conveniently on display, in new condition, that requires no " break in"? Oooh Kayyyy.... There are some exceptions to theft coverage. Most policies do not cover theft that occurs if you leave your door or window unlocked. Additionally, some policies have a deductible, which is a portion of the loss that you are responsible for paying. A study by the Insurance Information Institute found that the average homeowners policy in the United States allocates about 10% of its premium to cover the risk of theft. WHAT IS THE OTHER 90% FOR?? Read the reports above about California. California is the issue, not the nation. How could miss that point? Quote Share this post Link to post Share on other sites
Ecocharger + 1,486 DL September 5, 2023 (edited) 6 minutes ago, notsonice said: Just shut up and read for a change. ????? nothing on your insurance claims again Pabst Brewing left??? Production Begins at City Brewing's California-Based Irwindale Brew Yard Production has begun at City Brewing's Irwindale, California-based facility, five months after the brewery's acquisition from Pabst Brewing,... they hired over 500 people and are running full shifts at Irwindale right now try again . Aug 18, 2021 Here is the issue, slowpoke. A new law which makes it illegal to stop crime. " California lawmakers recently made it clear they don’t take the matter seriously. "Earlier this month, the California Senate passed Bill 553 , legislation that would discourage retail store employees from confronting shoplifters. The legislation — passed weeks after a Home Depot security guard was shot and killed during a Pleasanton, California, robbery — is designed to protect employees, supporters say, by forbidding employers from instructing employees to confront shoplifters." "A law that would prohibit employers from telling their employees that customers are not allowed to take whatever they want without paying would clearly incentivize shoplifting. It would further promote the culture Fuller described, one in which it is viewed as “optional” to pay for things. This is the culture that is driving companies out of California. It’s not just crime or high taxes or pandemic mandates. It’s a culture that shows disdain for property rights, " Edited September 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
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