climate News

NOAA: 6th Warmest August on Record

August 2022 was the world’s sixth-warmest August in 143 years, according to scientists at NOAA’s National Centers for Environmental Information. The warm August wrapped up the Northern Hemisphere’s second-hottest meteorological summer on record. Climate by the numbers August 2022 The …

Biden Admin Announces $3 Billion in FEMA Climate Resilience Funding

The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change. Funding for the Building Resilient Infrastructure and …

Biden EPA to Tackle Coal Industry Carbon With Rules on Other Pollutants

The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court limited the agency’s ability to impose …

U.S. Power Companies Face Supply-Chain Crisis This Summer

U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought …

Chubb Not Declaring Itself Net Zero, CEO Greenberg Says

In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to brace for greenwashing lawsuits on the horizon—against D&O insureds and insurers themselves—at an industry gathering yesterday. Speaking at the 38th …

Hospitals Confront Their Climate Achilles Heel: Supply Chains

The health-care industry accounts for 8.5% of the United States’ greenhouse gas emissions, almost as much as agriculture. So the Biden administration is pushing hospital systems to do more to combat climate change: The US Department of Health and Human …

Creaky U.S. Power Grid Threatens Progress on Renewables, EVs

After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power. That’s raising hopes for the fight against climate change. All this progress, however, could be derailed without a …

U.S. SEC Gives Public Until June 17 to Weigh In on Climate Risk Proposal

The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its landmark proposal to require U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions. Gary Gensler, who …

Climate Votes Fought by Major Oil Companies Get Key Backing

An investor-led push for major oil companies to set climate goals in line with the Paris agreement won support from a key proxy advisory firm for the first time, setting up a showdown at upcoming shareholder meetings. Institutional Shareholder Services …

Climate Change Could Cost U.S. Budget $2 Trillion a Year by End Century

Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment on Sunday. The …