Climate Control News

U.S. Financial Services Leaders Support Principles for Low-Carbon Transition

U.S. financial services leaders have stated their support in principle for a U.S. transition to a low-carbon economy. The support comes following the release of the Principles for a U.S. Transition to a Sustainable Low-Carbon Economy by the U.S. Climate …

Sadly The One Thing 2020 Did Well Was to Heat Things up

2020 wasn’t the bottom of the barrel in all regards – depending on how you look at it. The planet’s average surface temperature in 2020 tied with 2016 as the warmest year on record. An analysis by NASA’s Godard Institute …

Biden’s Climate Accord Move Welcomed by World Leaders

New U.S. President Joe Biden wasted no time on making known his intentions regarding climate change on his first day in office, saying he was signing an executive order to undo a number of the Donald Trump’s environmental policies. Biden’s …

Cities Are Stepping up Their Own Greenhouse Gas Battles

Long Beach, Calif., this week took a step in a plan to reduce local greenhouse gas emissions. The city council on Tuesday heard an update report on a plan to lessen the expected impacts of climate change, meet state-mandated greenhouse …

Report: Despite Pandemic-Driven Emission Redux, We’re Headed to 3-Degrees Warming

A new report finds that despite a brief dip in carbon dioxide emissions caused by the pandemic, the world is still heading for a temperature rise in excess of 3°C this century, a mark that is well beyond the Paris …

Environmentalists Say U.S. Insurers Lag Behind Peers on Fossil Fuels

U.S. insurance companies lag behind their global peers by enabling the fossil fuel industry, according to a report from an environmentalist group out this week. The Insure Our Future campaign released its fourth annual scorecard on insurers’ climate policies: Insuring …

Boston Mayor Pledges EV Charging Stations at 10-Minute Walk Intervals

The Dow Jones Sustainability Index just released their 2020 rankings, and Zurich Insurance Group took the top spot in the insurance sector. The assessment is an annual evaluation of companies’ sustainability practices and performance, which includes more than 7,300 companies …

Voters OK’d Local Measures to Fight Climate Change

Local governments are increasingly taking it upon themselves to address climate change. Denver voters on election day passed Measure 2A, which would raise city sales tax by 0.25% starting in January with the goal of reducing the city’s climate footprint, …

Is Climate Change Making Drought One of the Nation’s Costliest Disasters?

Drought has become one of the costliest disasters in the U.S., causing 94 deaths and an inflation-adjusted $6.2 billion in losses per year on average since 1980, according to a report out this week from Climate Central. The report includes …

Washington Commissioner’s Climate Summit Highlighted Area, Global Vulnerabilities

“The insurance buying public wants to know that insurance is going to be available and affordable to them when they need it.” That was the take-home message from Washington Insurance Commissioner Mike Kreidler, who hosted a half-day virtual summit on …