[quote] Where’s the rain? California could suffer an unusually dry winter,…
“…The situation is even more grim in Southern California.
…It’s part of a larger weather trend for Southern California: Over the last seven years, maximum temperatures during the fall have gotten hotter and there has been less rain.”
Looking at the over-all system, there is an assumption tax payers, etc. are resilient (which in fact is a potential point of failure in the grand scheme of things) as implied by a moodys report,…
[quote] Environmental Risks — Evaluating the impact of climate change on US state and local issuers
