Climate Change News

Regulator Takes Focus on Climate Change Preparedness

With a calm demeanor and in a somewhat scientific tone he doesn’t mind using while explaining his stance on something, Mike Kreidler stood by his decision to call out the insurance industry and the rest of the nation’s insurance commissioners …

Boston Mayor: City Made Significant Strides in Preparing for Climate Change

Boston has made significant strides in preparing for major natural disasters, rising sea levels and other impacts to the ever-changing climate, Mayor Martin Walsh said on the two-year anniversary of Superstorm Sandy. Speaking at the Architecture Boston Expo at the …

Climate Change Represents Risks and Opportunities for Corporations

Danish climate scientist and TV weatherman Jesper Theilgaard told risk managers from some of Europe’s leading companies that they should not treat climate change as a “doomsday” scenario. Instead, he said, they should look for the business opportunities in helping …

Climate Scientists Forecast Severe Winters for Europe

The decline in Arctic sea ice has doubled the chance of severe winters in Europe and Asia in the past decade, according to researchers in Japan. Sea-ice melt in the Arctic, Barents and Kara seas since 2004 has made more …

Climate Change Report Slams Insurers for ‘Profound Lack of Preparedness’

A report on the insurance industry released Wednesday shows “a profound lack of preparedness in addressing climate-related risks and opportunities.” Insurance industry representatives immediately criticized the report as a negative take on the industry’s ability to adapt and not reflective of …

Eight P&C Insurers Get Top Marks for Climate Change Risk Management

Munich Re and ACE Ltd. are among insurers that are best prepared to manage risks related to climate change, a lobbying group said. The nine insurers that were found to be integrating climate change into underwriting and investments also included …

States’ Efforts on Climate Change Adaptation: Half Full or Half Empty?

Who hates that glass-half-full analogy? I’m guessing more than half of you, but let’s not let that stand in the way of using the clichéd-to-death philosophical quandary to illustrate a point being made by a new online tool that shows …

PwC: Climate Change Is Risk and Business Opportunity

Competition and regulation push companies to take action to protect themselves from the effects of climate change, not climate science, Jon Williams, partner at global consultancy firm PwC told the Reuters Global Climate Change Summit. Williams, who leads the finance …

Attribution Science, Extreme Weather and Why They Matter

There is a love-hate relationship with the word “new.” It’s used far too often, but without it as a preface some of us don’t bother to pay attention to what’s coming next. A “new task” scientists have grappled with in …

New Study Says Ditch U.N. Temperature Target for Global Warming

A temperature goal set by almost 200 governments as the limit for global warming is a poor guide to the planet’s health and should be ditched, a study published in the journal Nature said on Wednesday. The world’s environment ministers …