Climate Change News

Rising Seas May Wipe Out Jersey Towns and Millions in AAA Bonds

Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey. It was here in Seaside Heights that Hurricane Sandy flooded an oceanfront amusement park, leaving an inundated roller coaster as an …

Report: Climate Change to Increase Insured Losses from Windstorms in the U.K.

Climate change will drive up wind losses in the U.K. in coming years, according to a recent report from the Association of British Insurers, the Met Office, and Boston, Mass.-based catastrophe modeler AIR Worldwide. The report shows that temperature increases …

Companies May Soon Be Required to Disclose Financial Impact of Climate Risk

Companies’ disclosure of risks to their business from climate change could become mandatory in a few years as investor pressure gathers pace, climate finance experts said on Tuesday. Investors have urged companies, particularly those operating in the oil, gas and …

Global Temps Could Hit 1.5°C Target in 9 Years: Research

Believe it or not, the planet could be much warmer in the next few years, according to new research. The research, published this week in Geophysical Research Letters, indicates that Earth could be 2.7 degrees Fahrenheit (1.5 C) warmer than …

Report: Climate Change Could Cause Mass U.S. Migration

Migration to escape sea level rise could radically reshape the U.S. population landscape, and not just in coastal areas, according to a recent study. The author, Mathew Hauer, an applied demographer with the Carl Vinson Institute of Government at the …

Many Large Investors Tackle Climate Risks with Greener Investments

Most of the world’s largest asset owners have gotten the message that climate change poses a risk to their portfolios and are pivoting toward greener investments. Funds worth $27 trillion that comprise 60 percent of the world’s biggest investors are …

China & India Lead U.S. in Renewable Energy Targets: Allianz

Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris Agreement climate goals, according to the Allianz Climate & Energy Monitor Deep Dive, which aims to inform investors and policymakers …

U.K. Has 1st Day Without Burning Coal for Power Since 1880s

The U.K. had its first full day without burning coal to make electricity since the Industrial Revolution more than a century ago, according to grid operator National Grid Plc. “Friday 21st April 2017 was the first 24-hour period since the …

Trump’s Proposed Cuts to NASA and NOAA Could Impact Forecasting, Modeling

Funding cuts proposed in a White House budget that has been on the table for months spook some experts who are concerned that the ability to do everything from model changes in the climate to forecast the day-to-day weather could …

Global Momentum to Curb Climate Change Proceeds Despite Trump: UN

Governments have created “worldwide momentum” to slow climate change despite threats by U.S. President Donald Trump to pull out of the 2015 Paris Agreement to slash greenhouse gas emissions, the U.N.’s climate chief said on Friday. “The Paris Agreement remains …