Climate Change News

Facing $17B in Fire Damages, PG&E CEO Blames Climate Change

It was California’s biggest fire yet. In late July and August, wildfires devastated an area north of San Francisco far bigger than New York City, destroying more than 100 homes and injuring two fire fighters. It’s just one in a …

July’s Droughts, Wildfires, Floods Caused Billions in Global Economic Losses: Aon

Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture, forestry, water management and fisheries industries. This was …

Trump Team Blames California Wildfires on Environmentalists, Sparking Backlash

Scientists say California’s record wildfires have been fed by an abnormally hot and dry fire season made worse by climate change, but the Trump administration insists there’s another culprit: environmentalists and their policies. “Radical environmentalists” should shoulder some of the …

Munich Re to Stop Investing in Coal-Related Business, Insuring New Coal-Fired Plants

Munich Re, the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, caving to pressure from investors. “In the individual risk …

Massachusetts Lawmakers Approve Rental, Voter, Climate Bills as Deadline Looms

The Massachusetts Legislature gave final approval Monday to a bill that would tax and regulate short-term rentals, including those offered by Airbnb and other online platforms. After weeks of negotiations, House and Senate lawmakers reached agreement on the compromise bill …

Fires, Floods & Heatwaves on 3 Continents: Blame the Jet Stream, a Warming World

Sweltering? Swimming? Choking on wildfire smoke? Blame it on the jet stream and a warming world. Kinked, buckled, stuck or stalled, it doesn’t matter how you describe it, the jet stream — the ribbon of wind that circles the Earth …

Extreme Weather in Europe and Asia Sparks Wildfires, Floods

Extreme weather that’s gripping northern Europe and parts of Asia may persist through early August, prolonging a deadly heatwave that’s parched crops and sparked devastating forest fires. Temperatures have risen to a record from Japan to Norway because of a …

San Francisco May Screen Insurers for Their Fossil Fuels Investments

The San Francisco Board of Supervisors has become what is believed to be the first U.S. municipal body to try to force insurance companies to stop insuring and investing in fossil fuels. The board on Tuesday voted unanimously in favor …

Sweden Wildfires Destroy More Than $100M Worth of Forested Land

Swedish authorities said the risk of fires spreading across the country will hit “extreme” levels this week as emergency services battle dozens of blazes that have already destroyed more than $100 million worth of forested land. The Swedish Civil Contingencies …

Baltimore Lawsuit Blames Oil and Gas Companies for Climate Change

The city of Baltimore filed a lawsuit on Friday against 26 oil and gas companies and entities, including BP Plc, Chevron Corp and Exxon Mobil Corp, for knowingly contributing to what the city called the catastrophic consequences of climate change. …