Climate Change News

Obama Climate Rules Unpopular in GOP South

In the Republican-heavy Southeast, critics said this week that a plan by President Barack Obama’s administration to cut pollution would raise electricity prices, result in job losses and may not significantly curtail the carbon emissions blamed for global warming. The …

Climate Change Debate in Denver Pits Coal Miners vs. Skiers

Coal miners took on skiers, and environmentalists dueled with business groups as the public debated sweeping rules from the Obama administration to combat global warming in a nationwide series of hearings yesterday. At the one in Denver, the ski industry …

Inaction on Climate Change Costs Economy: White House

As the Obama administration defends its efforts to curb carbon emissions this week, it’s taking a new tack: arguing that it is smart economic planning. A new White House report says the cost of fighting climate change will increase 40 …

Florida Gov. Scott Agrees to Meet with Climate Scientists

Florida Gov. Rick Scott said  his administration would be “happy to meet” with 10 scientists from Florida universities who want to talk about climate change, a subject he has been reluctant to address. A letter from the scientists was delivered …

S&P Green Lighting Climate Risk Mitigation

The scope of how a company manages its risk in the face of a changing global climate will become an ever-greater factor in the company’s worth. Whether or not they believe in climate change, business leaders face having to take …

Climate-Driven Firefighting in West Takes Cash From Prevention Budgets

Wildfires blamed in part on climate change are consuming timber in the U.S. West at such a furious pace that half the Forest Service’s budget is now spent fighting them — up from 21 percent in 2000. Add in the …

Overselling the Costs, Benefits of Greenhouse Gas Regulations

The Environmental Protection Agency calls its carbon rules an economic winner that will deliver more than $10 in benefits for each dollar spent on compliance. The U.S. Chamber of Commerce says the economic costs of implementing the greenhouse-gas controls will …

Prince Charles Calls for Action on Climate Change at IIS Conference

HRH Charles, the Prince of Wales, addressed the International Insurance Society on Wednesday June 25th. Speaking to a full house, the heir to the British throne called the gathering “a vitally important meeting on climate change, disaster risk reduction, resilience …

Another Climate Report Outlines Business Risks, Insurance Pitfalls

“Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will impact businesses and gross domestic product. …

Climate Change Bottom-Line Talk Grows, S&P Director Says

Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a good example of how to …