global warming News

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 …

As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations

As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is the most important thing they can do. No more insurance, no more coal. It’s something Sunrise has been pushing for …

Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts

Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal economies already struggling to adapt. The revised estimates published Tuesday in Ocean Science impact the two-fifths of the Earth’s population …

Aviva Investors Weighs Ditching Holdings in Biggest Carbon Emitters for Climate Inaction

LONDON – Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world’s biggest corporate emitters of carbon if their boards failed to take sufficient action over climate change. The move comes as …

Businesses Should Take the Lead on COVID-19 Recovery, Climate Crisis: UN Chief

UN Secretary-General Antonio Guterres on Monday [Jan. 25] urged businesses to lead the way to a fair and sustainable recovery from the COVID-19 pandemic while tackling the climate crisis, adding the world had reached “a moment of truth.” Addressing a …

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 …

Here’s How European Satellites Can Help Predict the Next Weather Disaster

Spain began the new year battling Storm Filomena, a once-in-a-generation weather event that blanketed Madrid in snow and paralyzed the economy. Health workers were stranded, supermarkets shut, and the army was called in. At least four people died. “Now, consider …

AXIS Capital Decides to Stop Insuring Arctic Oil and Gas Projects

AXIS Capital Holdings Ltd. said it won’t insure oil and gas projects in the Arctic National Wildlife Refuge, becoming the first North American underwriter to make the commitment after pressure from native Alaskans and environmentalists. The move follows similar pledges …

Warming Arctic Is Key to Understanding Climate Change Risks, Experts Say

HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday [Jan. 11]. With climate …

Earth Draws Closer to Climate Change Tipping Points After Another Year of Record Heat

Another year of record-high heat punctuated a decade-long increase in global temperatures that has placed the Earth’s economies dangerously close to climate tipping points. Those are the conclusions published Friday by European Union scientists. Despite pandemic-induced lockdowns of the global …