Rising seas, melting ice caps and other effects of a warming climate may be irreversible for centuries and are “unequivocally” driven by greenhouse-gas emissions from human activity, a scientific panel working under the auspices of the United Nations said Monday in a new report. Issued by the Intergovernmental Panel on Climate Change, an organization of… Continue reading U.N. Panel Report: Some Climate-Change Effects May Be Irreversible
Tag: climate change
Dixie Fire Is Now Second Largest in California History
The Dixie Fire ravaging Northern California over the weekend has become the state’s second largest on record. Cal Fire, the state firefighting agency, on Sunday reported that the blaze, which has burned for 25 days, had burned more than 463,000 acres. Butte, Lassen, Plumas and Tehama Counties were affected, including the Lassen Volcanic National Park,… Continue reading Dixie Fire Is Now Second Largest in California History
Dixie Fire Wipes Out California Gold Rush Town of Greenville
The largest wildfire in California this year “catastrophically destroyed” the gold rush town of Greenville on Wednesday night, then forced the closure of a national park on Thursday while also chasing residents from their homes across the northern Sierra Nevada region. The Dixie Fire, now the sixth-largest blaze in the state’s modern history, has been… Continue reading Dixie Fire Wipes Out California Gold Rush Town of Greenville
Top Finance Regulators Seek Coordinated Response to Climate Risk
The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the biggest threats facing banks and insurers. The Financial Stability Board published a roadmap on Wednesday for tackling some of the key challenges in identifying… Continue reading Top Finance Regulators Seek Coordinated Response to Climate Risk
AIG Releases First ESG Report, States Company ‘Cannot Meet Energy Needs through Purely Green Technologies’
American International Group recently released its first Environmental, Social and Governance (ESG) Report detailing the company’s strategic progress toward supporting a more sustainable future. AIG’s ESG Report outlines how the company is aligning its sustainability efforts with its core business strategy and describes how AIG identifies, measures and manages environmental impact and risk, sets and… Continue reading AIG Releases First ESG Report, States Company ‘Cannot Meet Energy Needs through Purely Green Technologies’
Before Condo Collapse, Rising Seas Have Long Pressured Miami Coastal Properties
The 12-story condominium tower that crashed down early Thursday near Miami Beach was built on reclaimed wetlands and is perched on a barrier island facing an ocean that has risen about a foot in the past century because of climate change. Underneath its foundation, as with Miami Beach, is sand and organic fill -over a… Continue reading Before Condo Collapse, Rising Seas Have Long Pressured Miami Coastal Properties
Drought Indicators in Western U.S. Flash Warnings of the ‘Big One’
Sarah Brunner opened the irrigation spigots on her farm in March, three months early. The rain should have still been falling in California. Now that summer is taking hold, she and her husband are considering shifting their meager water supplies into pastures so their animals will have enough to eat. Brunner’s worries don’t stop at… Continue reading Drought Indicators in Western U.S. Flash Warnings of the ‘Big One’
Prince Charles Launches New Partnership with Insurers to Tackle Climate Change
The Prince of Wales launched his Sustainable Markets Initiative (SMI) Insurance Task Force during a visit to Lloyd’s, the world’s leading insurance and reinsurance marketplace. The SMI Insurance Task Force, convened by Prince Charles and chaired by Lloyd’s, is comprised of executives from many of the world’s largest insurance and reinsurance companies*, providing an influential… Continue reading Prince Charles Launches New Partnership with Insurers to Tackle Climate Change
Extreme Weather to Push Property Insurance Higher, Says Hippo CEO
Extreme weather events and shortage of labor and materials for repairs will push property insurance rates higher in the next several years, the chief executive of U.S. home insurer Hippo said on Tuesday. As homeowners stayed home during the pandemic, their properties suffered more damage due to issues such as bathroom leaks, and it was… Continue reading Extreme Weather to Push Property Insurance Higher, Says Hippo CEO
Heat Waves Across the West Risk Blackouts as Drought Reduces Hydroelectric Power
States across the West are at risk of electricity shortages this summer as a crippling drought reduces the amount of water available to generate hydroelectric power. Some of the region’s largest reservoirs are at historically low levels after a dry winter and spring reduced the amount of snowpack and precipitation feeding rivers and streams. The… Continue reading Heat Waves Across the West Risk Blackouts as Drought Reduces Hydroelectric Power