Happy Sunday! Today we'll explain why global warming presents a huge threat to the US housing market, discuss yet another worrying climate forecast, and introduce the new tool that can answer (almost) all of your questions about climate change. Let’s dive right in 👇:

Matcha's Gulp

US housing market flooded with overpriced homes 🏠

As the planet warms, an increasing number of homes are at risk from flooding: sadly, the US housing market doesn’t seem to have got the message. According to a new study, this has led to properties in at-risk areas being overvalued by as much as $237 billion – with a combination of climate ignorance and climate denial largely responsible.

The owners of these homes could ultimately end up losing a lot of money – and that’s before we even start factoring in the costs of flood damage…

Another day, another grim climate forecast🌡️

A new report warns that the world risks entering a climate change 'doom loop'. This cheery phrase refers to a scenario in which governments have to spend so much time and money dealing with the impacts of climate change, they lose focus on tackling the causes of the problem. This would end up making the impact of global warming even worse, and end up sucking even more resources away from addressing climate change at its roots – a cycle that could continue indefinitely.

Fantastic.

Thankfully, the report’s authors state that we haven’t reached this stage yet – and while these grim predictions can be pretty dispiriting, they should ultimately motivate us to do whatever we can to bring about a brighter (and cooler) future for the planet.

🤔 Got a burning climate question? Try this:

Climate change is an incredibly complex issue. So, the New York Times has just released a handy online tool that answers (almost) any question you might have on the topic. These range from the dry – What is the Paris Agreement? – to the dramatic – Are we doomed?

All in all, this is a really neat tool for exploring a wide range of climate questions – but for an easy guide to the latest climate news, you still can’t beat the Matcha Straw 😉

News Sip

• How climate change can affect your finances: Truly burning a hole in your pocket 💸

• Getting mad at oil majors won’t solve climate crisis: Perhaps not – but it sure feels good 🤬

• New Zealand Faces a Future of Flood and Fire: Not the cheeriest weather forecast ⛈️

• Ecuador turns cocaine into concrete: Taking recycling to a whole new level ♻️

Climate Jobs

A few interesting roles in climate:

• Invenergy: Associate - Renewable Development (Toronto, ON)

• Pitkin County: Climate Action Analyst (Aspen, CO)

• Royal Bank of Canada: Head of Research, RBC Climate (Toronto, ON)

• Executive Office of Energy and Environmental Affairs: Assistant Climate Scientist (Boston, MA)

• UK Health Security Agency: Principal Climate Change Scientist (London, United Kingdom)

Today's Climate Meme