Climate Change News

Experts: New Normal Creating Need for More Predictive Modeling

A “new normal” has created the need for the catastrophe modeling to move from historic to predictive methods of looking at extreme weather risk, according to a panel of risk experts speaking Tuesday at the annual Chartered Property Casualty Underwriter …

NYC Council Announces Climate-Change Legislation

New York’s City Council proposed a package of bills last Friday, Sept. 19, to slash greenhouse gas emissions, shrink the carbon footprint of city operations and reduce the number of cars on the road. The legislation, which builds on environmental …

Companies to Pledge Action on Climate Change at UN Summit

While U.S. President Barack Obama and more than 100 other world leaders will meet in a summit devoted to climate change, the most tangible action on global warming this week may come from companies. Mars Inc. and others will announce …

Insurers Bonding with Climate Change Battle

Nearly one-in-five major investors in green bonds issued by one of the world’s largest players in that market is coming from the insurance industry. If you haven’t heard much about green bonds and insurance investments up to now, you probably …

Rural Communities Struggle to Compete With Cities for Coastal Protection Funds

The town of Saxis on Chesapeake Bay in Virginia is losing three to five feet (1 to 1.5 meters) of shoreline a year and suffered damage during hurricane Sandy. But like hundreds of rural communities along the coast, it is …

Paleo Mega-Drought Bleeds All Over Western U.S.

A blood-red blotch that stains California kind of looks like its own nation slowly overgrowing the Western region of the U.S. map. Despite the gore, the latest version of the U.S. Drought Monitor map just out today actually looks slightly …

Climate Change to Affect Hawaii’s Tourism Industry, Says Study

A University of Hawaii report is warning the state’s tourism industry to start preparing now for the effects of climate change. The study says Hawaii will likely see more competition for visitors as warmer climate zones expand and new, easier-to-reach …

Underwriting and an EICy Approach to Climate Change

Floating together in a muck of alphabet soup the insurance industry, the government and the scientific community can be assured success in at least one thing amid their combined efforts to deal with climate change. It’s not an OMG revelation, …

Michigan-Based Kellogg to Suppliers: Disclose Carbon Emissions

Kellogg said it will step up efforts to reduce planet-warming emissions in its supply chain as part of a broader initiative designed to be more environmentally friendly. Under the plan, the Battle Creek, Mich.-based food products manufacturer will require key …

Climate Change Considered by Idaho Leaders

Despite the uncertainty over the scale and the speed of climate change, Idaho leaders are working on how to adapt and how to reduce its impacts. Boise law firm Holland & Hart held a workshop for its Idaho clients and …