[MCN] Timber industry: No investor concern about exposure to climate risk?

[Lance Olsen]

https://seekingalpha.com/article/4085862-consider-investing-timber <https://seekingalpha.com/article/4085862-consider-investing-timber>


Farm and forest alike are in fact exposed to risk 


   ======== Food: Heat in the growing season has consequences ==========
 
“Higher growing season temperatures can have dramatic impacts on agricultural productivity, 
farm incomes, and food security. We used observational data and output from 23 global climate 
models to show a high probability (>90%) that growing season temperatures in the tropics and 
subtropics by the end of the 21st century will exceed the most extreme seasonal temperatures 
recorded from 1900 to 2006. In temperate regions, the hottest seasons on record will represent 
the future norm in many locations.”
 
“Coping with the short-run challenge of food price volatility is daunting. But the longer-term 
challenge of avoiding a perpetual food crisis under conditions of global warming is far more 
serious. “
 
David. S. Battisti  and Rosamond L. Naylor.
Historical Warnings of Future Food Insecurity with
Unprecedented Seasonal Heat. SCIENCE 9 JANUARY 2009
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