New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. The lawsuit, which is set to go to trial Tuesday, claims the Texas energy giant kept two sets of books — one accounting for climate change regulations… Continue reading Exxon Trial Probes How Oil Giant Accounts for Climate Change
Tag: global warming
Climate Change Making East Coast Vulnerable to Most Terrifying Hurricanes, Study Says
Climate change is making the east coast more vulnerable to rapidly intensifying hurricanes as storm-thwarting wind shear is reduced over the region, according to a study published this month in the journal Nature. The research builds on 2017 findings that a bubble of cooler ocean temperatures and lofty crosswinds protects the east coast when hurricanes… Continue reading Climate Change Making East Coast Vulnerable to Most Terrifying Hurricanes, Study Says
Wall Street Embraces Weather Risk in New Era of Storms
Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. Eilts, senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an unexpected cold front in Louisiana, nudged southward by a jet stream unsettled by global warming, can push rising winds into the Gulf,… Continue reading Wall Street Embraces Weather Risk in New Era of Storms