climate change News

Viewpoint: Observations on Climate and Pandemics

Climate and Pandemics COVID-19 is a slowly unfolding catastrophe that poses a serious threat to humanity worldwide. Unlike a tornado, hurricane, or even flood, it is hard to say when the event will end. Unlike heat waves and droughts, it …

California Blackouts Boost Demand for Power Storage

Power cuts during California’s devastating wildfire season have boosted demand for combined solar panels and battery storage solutions as businesses look to mitigate economic damage from future blackouts. Billions of dollars in economic activity were lost from mass power shutoffs …

Insurers Warn Government Canada’s Flood Mapping Must Not Take a Decade

OTTAWA — Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first step of mapping flood risks. …

Half of World’s Sandy Beaches May Disappear, Say Climate Researchers

Scientists say that half of the world’s sandy beaches could disappear by the end of the century if climate change continues unchecked. Researchers at the European Union’s Joint Research Center in Ispra, Italy, used satellite images to track the way …

Popular Climate Change Mitigation Financing Plan Has Its Fans and Foes

A decade ago, if a Floridian wanted extra cash to replace a roof, install solar panels or a brand new air conditioner, the most common choice was a bank loan. But for the last few years, homeowners also have had …

Americans Are Paying $34 Billion Too Much for Houses in Flood Plains

At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research published today in a National Bureau of Economic Research working paper shows that markets fail to incorporate risks from flooding …

U.S. Farmers and Shippers Face Huge Losses From Flooding Again

For the second year in a row, much of the U.S. is primed to suffer multi-billion dollar flood losses, with farmers already steeling themselves for planting delays. Relentless storms that have marched across the Midwest and into the South this …

UK’s Johnson Under Fire for Flood Response as More Rain Due

LONDON — British authorities said Thursday that more rain will bring the risk of “significant flooding” in the coming days, as people in central England and Wales kept a close eye on swollen rivers that have already flooded hundreds of …

Satellites Are Helping the Municipal-Bond Market Assess Climate Risk

The $3.8 trillion municipal-bond market has found a new tool in its effort to understand the impact of climate change: the array of satellites orbiting high above Earth. Assessing climate risks is a particularly vexing problem given that U.S. state …

Australian Wildfires Fan Argument Over Impact of Arsonists

CANBERRA, Australia — What’s to blame for scores of wildfires devastating Australia’s southeast? There’s an increasingly bitter face-off between those who say arson and those who fault climate change. Each side has powerful backers and their weapons of choice are …