'Denier' neighborhoods vs. 'Believer' neighborhoods
A new study from researchers at the University of British Columbia’s Sauder School of Business in Canada examined the role climate change denial plays in the pricing of these homes.
Having a higher concentration of people who deny climate change will cause home prices to be higher in at-risk areas, the study found. Homes that are projected to be underwater due to climate change sold for 7% more in “denier” neighborhoods as compared with “believer” neighborhoods. Denier neighborhoods are those in which the share of people who believed in climate change was below the national median, using the data from the Yale Program on Climate Change Communication, whereas people in believer neighborhoods were more likely to think that global warming is happening.
“If everyone were to say, ‘I’m not buying beachfront property here because it’s going to get flooded,’ then prices would collapse,” UBC Sauder School of Business assistant professor and study co-author Markus Baldauf said. “But if you don’t believe in climate change, you might say, ‘You guys are crazy. Climate change isn’t a real thing, so I see a buying opportunity.’”
"Fat is converted to carbon dioxide and water. You exhale the carbon dioxide and the water mixes into your circulation until it’s lost as urine or sweat." "If you lose 10kg of fat, precisely 8.4kg comes out through your lungs and the remaining 1.6kg turns into water. In other words, nearly all the weight we lose is exhaled."
"To lose 100 grams of fat, you have to exhale 280 grams of carbon dioxide on top of what you’ll produce by vaporizing all your food, no matter what it is."