climate change News

Climate Change: The Already Present, Next Great Risk to Munis

When Miami Beach borrowed $162 million from Wall Street this week, it wanted investors to know rising seas and extreme weather are a real risk to the city and that it’s doing something about it. An increasing number of states …

Researchers Say Climate Change to Blame for Hurricane Maria’s Extreme Rainfall

WASHINGTON — Hurricane Maria dropped more rain on Puerto Rico than any storm to hit the island since 1956, a feat due mostly to the effects of human-caused climate warming, new research finds. A new study analyzing Puerto Rico’s hurricane …

California Faces to Deter Disaster as Towns Face Fire Risk

SACRAMENTO, California — Impoverished towns in the shadow of Mount Shasta. Rustic Gold Rush cities in the Sierra Nevada foothills. High-dollar resort communities on the shores of Lake Tahoe. Ritzy Los Angeles County suburbs. They all could be the next …

Wildfire Took Your Home? Don’t Count on Insurance: Viewpoint

Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …

NOAA Data Shows Weather Disasters Relatively Mild So Far this Year

It’s only April, and already the United States has experienced two climate disasters that each caused $1 billion in damages and together killed five people, the National Oceanic and Atmospheric Administration reported this week. NOAA’s National Centers for Environmental Information …

Radar Data Analysis Pinpoints Precipitation Risk for Vehicle Fatalities

A stormy nation is expected to become even stormier, bringing rain and snow that is known to increase the number of vehicle accidents. The exact degree of increased risk has been the subject of numerous studies, but most of them …

New Orleans Sue Several Oil, Gas Firms over Coastal Erosion

NEW ORLEANS — The City of New Orleans is suing several oil and gas companies over coastal erosion. Mayor Latoya Cantrell on Friday announced the lawsuit, which alleges that pipeline work has caused massive damage to Louisiana’s wetlands and “threatened …

Wall Street Embraces Weather Risk in New Era of Storms, Drought

Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. Eilts, senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an unexpected cold front in Louisiana, nudged southward …

Climate Advocates Cheer Trump Policy Shift on Flood Insurance

About the photo: A member of a search and rescue team wades through floodwaters after Hurricane Florence in Carolina Beach, North Carolina on Sept. 17, 2018. Photographer: Callaghan O’Hare/Bloomberg Climate advocates say an overhaul of the nation’s flood insurance program …

Insurer Group Fears Property Losses Due to Climate Change

Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge including some of the world’s biggest …