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Taal, eruptions, & Quakes... Relief, Impact on Valuations?

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Taal, eruptions, and Quakes... Relief efforts (see below)

In the PH section, please visit:Taal Area - Relief Efforts

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Taal Smokes... breathing out its ash

Key events of Taal Volcano eruption

please visit:Taal Area - Relief Efforts

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LAKE TSUNAMI risk?

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THE Philippine Institute of Volcanology and Seismology (Phivolcs) has raised the alert status of Taal Volcano from alert level 3 to alert level 4 at 7:30 p.m. Sunday, January 12, 2020.

This means that hazardous explosive eruption is possible within hours to days.

Phivolcs noted eruptive activity at Taal Volcano main crater has intensified. Volcanic tremor was recorded continuously since 11 a.m.

The National Disaster Risk Reduction and Management Council (NDRRMC) targets to evacuate at least 300,000 individuals due to the ash explosion of Taal Volcano in Batangas Sunday.

NDRRMC spokesperson Mark Timbal said based on the report of the Batangas Provincial Disaster Risk Reduction and Management Office, 6,346 individuals from the nearby towns of Taal were immediately evacuated for safety.

NDRRMC earlier said that residents in the municipalities of San Nicolas, Balete and Talisay were being evacuated.

Earlier, Phivolcs raised Taal Volcano’s alert status to level 3 after it spewed ash starting around 2:30 p.m.

Phivolcs director Renato Solidum said the Taal Volcano spews ashes in phreatic eruption at its main crater around 2 p.m.

At 2:04 p.m. the main crater of Taal Volcano has escalated its eruptive activity, generating an eruption plume one kilometer-high accompanied by volcanic tremor.

Meanwhile, classes in all levels in the towns of Talisay, Balete, Mataas na Kahoy, Cuenca, Alitagtag, Sta. Teresita, San Nicolas, Agoncillo and Laurel, Cavite and Tanuan, Batangas are suspended on Monday, January 13, 2020.

Manila City Mayor Isko Moreno has likewise ordered suspension in all levels of public and private schools on Monday.

The Manila International Airport Authority has announced that all flights to and from Ninoy Aquino International Airport are on hold as of 6:27 p.m. Sunday.

The Philippine National Police (PNP) has raised its security alert status over Batangas, especially in the nearby areas of Taal Volcano to ensure the peace and order and the safety of the residents amid the ongoing evacuation.

“PNP has raised its security alert status over Batangas, specifically, Taal Volcano Island and other high risk areas of Agoncillo and Laurel, Batangas, ready to implement evacuation in coordination with local government officials due to possible hazards of pyroclastic density currents and volcanic tsunami, as warned by Phivolcs in its bulletin,” said PNP spokesperson Brigadier General Bernard Banac.

> more: https://www.sunstar.com.ph/article/1839569

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More Cebu-Manila-Cebu flights cancelled due to Taal eruption

By: Morexette Marie Erram - CDN Digital | January 13,2020 - 09:21 AM
 
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CEBU CITY, Philippines – The country’s three major airline companies cancelled additional flights as the suspension of runway operations at the Ninoy Aquino International Airport (NAIA) in Pasay City, Metro Manila has not been lifted yet due to the recent eruption of Taal Volcano in Batangas.

In a statement posted by NAIA’s managing arm, Manila International Airport Authority (MIAA), around 8 a.m. Monday, January 13, 2020, airport officials and officers from the Civil Aviation Authority of the Philippines (CAAP) are currently monitoring the situation at the NAIA facility.

“Officials from the Manila International Airport Authority (MIAA) and the Civil Aviation Authority of the Philippines (CAAP)are currently assessing the situation at the NAIA facility to determine when it is safe to resume flight operations,” the statement read.

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FLIGHTS RESUMING, but not all

(Around 3:30pm, I picked up these stories)

NAIA resumes partial ops as runway clearing continues
pna.gov.ph-1 hour ago

LIST: Airlines resume some flights, but many remain canceled
Local Source-ABS-CBN News-13 minutes ago

>

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Taal, eruptions, & Quakes... Impact on Valuations?

So long as no one dies from the debris, & ash...

I think it may be appropriate to ponder the likely impact of these natural events on valuations of properties.

Will they plummet ... because property owner no longer want to visit?

Few NEED to visit the Taal Lake area, & Tagaytay - because there are few jobs there.

So it tends to be a Weekend, and a Holiday destination

=====

HERE is another destination, VENICE, which is suffering from its own challenges from geography and nature...

I just read that, the Venice canals are  "almost dry" and that has reduced Hotel bookings by 40% . 

I wonder if once the ash clears there will be an impact like that on Hotels and AirBNB in the Lake Taal ??

Venice canals almost run dry just two months after flooding

Just weeks after serious flooding caused widespread damage, the famous canals of Venice have been left almost completely dry due to exceptionally low tides.

Two months ago the high tide in Venice peaked at 187cm (6.14ft), leaving around 70% of the lagoon city centre under salt water.

The flooding left the water level at its highest in more than 50 years and there was a race against time to prevent precious artworks being lost.

But at high tide on Saturday the city was a very different sight, with its famous gondolas and boats almost beached at the bottom of canals.

Hotel bookings in the city reportedly dropped by 40% following November's flooding, the worst since 1966, which left visitors wading through water.

The city, which is built on a collection of 118 small islands, is navigated by canals and more than 400 bridges.

It has a population of just over 260,000 people but millions of tourists visit every year.

The survival of Venice is a challenge which has provoked debate among the city's residents for many years.

During the floods, Sky's then-Europe correspondent Mark Stone said: "This is a story of chronic mismanagement and a crumbling city of failed engineering projects and huge environmental challenges.

"It's more than that, though. Encapsulated on one lagoon city are so many of the challenges we are all facing."

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Attended an interesting "Speed Dating" meeting organized by Ted. TOPIC: Taal Disaster & relief efforts.
We had two people join us from the area, who gave us good insight into what is happening & what is needed,
I think there is more to be share here, about how to give some effective help in the Taal Relief effort.  
/ More later...
2.
Also attending the Rotary-related Speed Dating, were two from the Taal area.
Chemist Eric Punzalan, and retired America anthropologist, Richard Hirsch,  live in the Balayan Bay Area
Near Taal. They both live in the area near Taal, and saw the explosion and gas fumes.  They were moved
By what they saw and have become active in relief efforts in the city-town of San Luis just outside the
14km emergency exclusion zone.  (They are also both divers and diving instructors and have a keen
Interest in the environmental impact of the explosion and the evacuation.)

Both government and private relief efforts have resulted in a steady flow of food to the area. A lane on
The highway is blocked to be used for emergency vehicles bringing food etc,
We are at the second stage now of the relief.  Needs beyond food and water need addressing.
Sanitation is a big one.  For example, in San Luis there are 15,000 evacuated people who had to
Leave quickly the high danger zone.  They are now living in community without housing for them:
Covered basketball courts, schools.  There are insufficient toilets, and an urgent need for portajohns.

The waste fluids and human waste need removal and treatment.

There is a flood of plastic piling up: forks, spoons, plates, & bags. Piling up in the area.
Very little waste is being removed, and this will be putting the environment at risk. Since there are
Already inadequate removal of waste plastic.

 

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3.
This is not the right time for “concerned tourists” (or investment bargain-hunters) to be visiting the
Taal area. The 14 km zone is closed off. And areas nearby are over-run with evacuees needing help.
New people will mostly be a burden,  and even the help of bringing some food and medicines will
Not be easy to accommodate.  It will be easier to donate goods or Money to relief deposit, which
Have already been established in areas like Rockwell (see below) where what is needed is known
And there are organised convoys to take the donated goods to the proper organised sites

4.
For those who want to learn more…
Instead of Taal area, it may make sense to visit the Batangas area. Many people there are watching
The developments at Taal and are also helping in relief efforts, so they can share their knowledge
And experience.  
The two Diving instructors can provide maybe a two birds with one stone, type communication.
I will ask them to join one or more Viber groups.
They can provide info on how to donate goods in Makati, for example, which will get transported
To the needy areas by convoys.  They can also tell us where to make cash donations. Money can
Be ear-marked for particular usage, like medicine, or water and sanitation.  And the divers have
An audit system, to make sure the funds will be properly used.

Maybe in a few weeks a trip might be organised to a Batangas resort where diving spots could
Be discussed and visited.  Some of the pro-divers (such as Eric & Richard) might also be able to
Update visitors on relief efforts.  

It will be many weeks, or some months before it will make sense to visit Taal area. The suggestion
Was to wait for the volcanic lava to subside to “at least level 3”

Obviously, if people do want to invest, the best way is to establish some “good karma” first by
Helping in the relief effort.  This is also be a good way too learn what is actually happening and
What the longer term plans and potential of the area might be,

LINKS - to follow

 

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