Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re
Jun 28 2023 // Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to the opening of previously frozen waterways in the Arctic and the creation of new shipping and trade...
Howden Appoints WTW’s Douglas as CEO, Climate Risk and Resilience
Jun 27 2023 // Howden, the London-based insurance group, announced the appointment of Rowan Douglas as CEO, Climate Risk & Resilience, effective June 26. Douglas’ role is to continue to build an expert, full spectrum function...
Europe’s Firefighters Call for More Resources as Climate Change Hikes Wildfire Threat
Jun 23 2023 // Firefighters across Europe are calling for more resources as climate change increases the threat of wildfires across the region. While the European Union announced a doubling of its aerial firefighting fleet for this...
Oregon Climate Change Lawsuit Seeks $50B, Citing 2021 Heat Wave
Jun 22 2023 // An Oregon county on Thursday sued Exxon XOM.N, Chevron CVX.N, other major oil and coal companies, and industry groups, seeking over $50 billion to counter the harms caused by extreme weather fueled by climate...
Young Plaintiffs’ Attorney Closes Montana Climate Change Trial with Call for Action
Jun 21 2023 // An attorney for 16 young plaintiffs urged a judge Tuesday to strike down as unconstitutional a Montana law that prohibits state agencies from considering the environmental effects when it weighs permits allowing the...
Verdict in Oregon Wildfires Case Highlights Risks Utilities Face Amid Climate Change
Jun 20 2023 // A jury verdict that found an Oregon power company liable for devastating wildfires – and potentially billions of dollars in damages – is highlighting the legal and financial risks utilities take if they fail to...
Study Blames Climate Change for Summer Wildfire Rise in California
Jun 15 2023 // A study out this week shows that nearly all of the observed increase in summer wildfires in California over the past half-century is attributable to man-made climate change. An international team of scientists looked at...
Climate Change and Homeowners’ Insurance Are on a Collision Course
Jun 9 2023 // A summer that has already seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched battle between climate change and the price of homeowners’ insurance in the US. American...
Climate Change, Wildfire Risk and State Farm’s California Decision
Jun 1 2023 // Several reasons were given within State Farm’s announcement last week the carrier was no longer writing new personal or business property/casualty policies in California – including a challenging reinsurance...
Hurricane Season Tempered by El Nino, but Climate Change Could Make it Worse
May 30 2023 // Two clashing climatic behemoths, one natural and one with human fingerprints, will square off this summer to determine how quiet or chaotic the Atlantic hurricane season will be. An El Nino is brewing and the natural...
Climate Change Not ‘Serious Risk’ to Financial Stability, Fed’s Waller Says
May 12 2023 // Climate change does not pose such “significantly unique or material” financial stability risks that the Federal Reserve should treat it separately in its supervision of the financial system, Fed Governor...
AI Pioneer Says its Threat to World May Be ‘More Urgent’ Than Climate Change
May 8 2023 // Artificial intelligence could pose a “more urgent” threat to humanity than climate change, AI pioneer Geoffrey Hinton told Reuters in an interview on Friday. Geoffrey Hinton, widely known as one of the...
More Insurers Weigh Joint Strategy to Climate Change as They Assess Antitrust Risk
May 5 2023 // Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for antitrust violations. Munich Re, the world’s biggest reinsurer, recently backed out of the Net Zero...
Wildfires in Alaska? Climate Change Sparks Disaster Fears
May 1 2023 // Research on a flat spot for air evacuations. Talk of old-style civil defense sirens to warn of fast-moving wildfires. Hundreds of urban firefighters training in wildland firefighting techniques while snow still blankets...
Climate Change Could Trigger Asset Value Losses, Harming Economy: Yellen
Mar 20 2023 // Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet...
Canada Financial Watchdog Sets Rules for Insurers, Banks on Climate Risk Disclosure
Mar 8 2023 // Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and disclose climate risks. Financial firms will need to release climate-related...
Yellen Warns Climate Change Could Trigger Asset Value Losses, Harming Economy
Mar 7 2023 // Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet...
Climate Change to Cost Germany Up to €900B by 2050: Study
Mar 7 2023 // Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage by mid-century, a study showed on Monday, as Europe’s biggest economy seeks climate...
Austrian Children Take Government to Court Over Climate Change
Feb 22 2023 // A dozen minors filed a lawsuit with Austria’s top court Tuesday seeking to force the government to ensure their constitutional rights are protected by taking tougher action against climate change. A lawyer for the...
Poll: Almost Half the Nation Thinks Climate Change is Here and Now
Feb 16 2023 // Nearly every other American believes that people in the U.S. are being harmed by global warming right now. It may be a bit of a revelation that half of the nation believes climate change is here and now. What’s not...