global warming News

Survey Shows More Americans Believe There is ‘Solid Evidence’ of Global Warming

There’s a surefire way to get more people to believe in global warming. Just crank up the heat. A larger percentage of Americans say there is “solid evidence” of global warming than at any time since 2008, when the University …

Europe’s Banks Move to Greener Finance in Response to Climate Change Risks

Some of Europe’s largest banks are unveiling plans to lend and manage money in greener ways as pressure mounts to account for risks associated with climate change. “It is coming, it’s a trend that’s started,” said Louis Douady, head of …

Almost Half of South Asia Vulnerable to Climate ‘Hotspots’: World Bank

Changes in temperature and rainfall will impact almost half of South Asia in the coming decades, reducing economic growth in one of the world’s poorest regions, the World Bank said. A World Bank report released on Thursday [June 28] analyzes …

Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure

Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal across all lines of business. The thermal coal policy applies to both existing and new thermal coal mines and power …

U.S. Missing Out on ‘Huge Economic Opportunity’ of Climate Change Fight: Canada

Canada has an environmental message for Donald Trump: you can’t stop the global campaign against climate change and you will hurt the U.S. by abandoning the battle. Canadian Environment and Climate Change Minister Catherine McKenna said countries around the world …

Sea Level Rise Puts $117.5B at Risk from Chronic Flooding

Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio State University, a …

Climate Change Lawsuits a Growing Threat: Opinion

Last month, a group of 10 families filed an action against the European Union at the European General Court, the EU’s second highest court. All claim to have suffered loss from climate change. Specifically, they argue that greenhouse gas (GHG) …

Global Warming Likely to Exceed Paris Agreement Cap of 1.5°C by 2040: UN

Global warming is on course to exceed the most stringent goal set in the Paris agreement by around 2040, threatening economic growth, according to a draft report that is the U.N.’s starkest warning yet of the risks of climate change. …

Allianz Expanding Climate Strategy, Doesn’t Want to Insure Coal Operations

The Allianz Group “is significantly expanding its climate strategy.” The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is setting for itself long-term climate goals that are linked …

Oil Companies Ask Judge to Kill NYC’s Global Warming Lawsuit

Five of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to the environmental changes caused by their products. BP Plc, Chevron Corp., ConocoPhillips, Exxon Mobil …