UK’s Legal & General Is Divesting Exxon Shares Over Climate Change June 24, 2019 By Kelly Gilblom and William Mathis One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Penn. Governor Wolf Wants Power Plant Emission Plan to Fight Climate Change June 20, 2019 By Marc Levy Pennsylvania Governor Tom Wolf is asking Pennsylvania’s Republican-controlled Legislature to take steps toward authorizing the state to join a regional...
Cold War Era Satellite Images Reveal Acceleration of Asian Glacier Melt June 20, 2019 By Eric Roston Himalayan glacier melt has doubled over the last 40 years, according to new research made possible by declassified cold war...
Greenhouse Gas Emissions Must Be Halved by 2030 to Avoid 3C Warming: Scientists June 19, 2019 By Nina Chestney Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to...
Stringent Climate Policy Poised to Pass in Oregon June 18, 2019 By Sarah Zimmerman Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach...
Climate Change and the Reinsurance Implications June 13, 2019 By Don Jergler Climate change presents “high exposure risk” to insurers and their policyholders on many fronts: General liability claims for third-party bodily...
Britain Commits to Net Zero Greenhouse Gas Emissions by 2050 June 13, 2019 By Susanna Twidale and Matthew Green Britain has announced it will enshrine a new commitment to reach net zero greenhouse gas emissions by 2050 into law,...
Companies Failing to Disclose Exposure to Risks of Climate Change: Global Task Force June 6, 2019 By Susanna Twidale Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a...
World’s Largest Companies Forecast Climate Change Could Cost Them $1 Trillion June 4, 2019 By Eric Roston An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose,...