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Non-Tech : Climate Change, Global Warming, Weather Derivatives, Investi

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To: FJB who wrote (221)	12/7/2008 3:56:55 PM
From: joseffy	of 442

Early snowfalls in Europe hit Historic Levels Wednesday 3rd December 2008 snowboardclub.co.uk 20 year record snowfall in Dolomites enough to last all season Some Swiss train services cancelled due to excess snow Still more heavy snow in the Pyrenees More snow for Scotland www.Skiinfo.com is following still more heavy snowfalls across Europe over the past 48 hours, with much more snow in other parts of Europe and many areas of North America too. The snowfall has been so great that it has closed roads, brought down power lines and even led to the cancellation of some Swiss rail services this week. One of the greatest beneficiaries are the Italian Dolomites where 150cm (five feet) has fallen at Cortina in a 48 hour period up to Monday, with snow still falling. Alessandro Fregni of Skiinfo.com’s Italian office commented, “In three days ski areas have seen almost as much snowfall as for the whole winter last year.” The snow has arrived with perfect timing for the ski resorts who are seeing a boom in ticket sales at a time of economic uncertainty. Alessandro believes the snow is enough to last all season and will also mean resorts can save money by not needing to use snow making equipment. However the snow is causing practical problems for both locals and those wanting to reach the snow with almost every pass in to the Dolomites closed on Monday and many villages without electricity. However the situation will be resolved quickly once the snow stops falling. It was a similar if slightly less dramatic picture to the north where competitors at the annual season opening Santa Claus World Championships in Samnaun had difficulty getting to and from the event as Swiss public transport in the area struggled to cope with heavy snowfall there. On Monday rail services were cancelled in the area of Eastern Switzerland due to the snow. “We should have used their magic sleighs.” joked a bemused competitor after missing his flight home as a result. Most other Swiss resorts have great cover and more new snow. Skiinfo issued powder alarms in the past week for Skiinfo with 70cm (28 inches) and Davos 53cm (17 inches) of fresh snow each. Many major resorts now have snow depths of 2-3 metres (7 – 10 feet). In Austria the snow cover is also superb with Heiligenblut the biggest recipient of the week’s latest dump, receiving a metre (40 inches) of powder in the past seven days. Many of the open French ski areas have reported at least a foot of new snow in the past week. Several have much more including Les Arcs, with 80cm (32 inches). New openings this weekend include Les Orres, Chamrousse, L e Grand Bornand, Isola 2000 and Montgenevre. Alpe D'Huez and Courchevel will be fully open and Megève partly open. It looks like the ski areas in the Pyrenees and elsewhere in Spain which dominated snowfall news in November with record pre-season accumulations leading top early openings of ski areas in the region will continue in to December, as the snow keeps falling.

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