Tag: environmental risks

Oil Spill Off Huntington Beach, CA Renews Decadeslong Move Away from Offshore Drilling

A crane takes flight in Mobile, Alabama. On the horizon is one of many oil rigs in the Gulf of Mexico.

Offshore drilling in the Gulf of Mexico produces more crude oil in 2.8 days than the West Coast produces in an entire year. But a few decades ago, California’s coastline was humming with activity. In 1995, the West Coast produced 92 million barrels from California’s offshore reserves, according to estimates by the Energy Information Administration.… Continue reading Oil Spill Off Huntington Beach, CA Renews Decadeslong Move Away from Offshore Drilling

WEF’s Top 5 Global Risks for 2020 Are All About the Environment

report on insurers climate change disclosures

Economic and political polarization will rise in 2020, according to the World Economic Forum’s latest Global Risks report, but severe threats to the climate account for all of the top five long-term risks. The report published Wednesday, just days before the annual WEF event kicks off in Davos, Switzerland, forecasted a year of increased domestic… Continue reading WEF’s Top 5 Global Risks for 2020 Are All About the Environment