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 …
Fiercer and more frequent natural disasters in recent years have many homeowners re-evaluating their landscaping. Many are restocking with trees and plants more resilient in the face of storms, fires and flooding. Scientists link the higher frequency of severe weather …
As massive wildfires devastate swathes of Australia and supercharge the debate over the impact of climate change, government data show the nation has never suffered a hotter or drier year than 2019. The average temperature last year was about 1.5 …
Australia’s navy rushed to rescue thousands of holiday-makers from a wildfire-ravaged coastal community while many more struggled to escape endangered towns by road before extreme weather triggers fresh infernos in the nation’s southeast. Eight people have been killed in the …
Extreme weather is no longer exceptional, and that’s forcing changes at some of the world’s most diligent storm trackers: airlines. Weather delays in the U.S. have been trending higher the past four years, upending historical patterns and jumping to an …
The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely have been absent from investors’ models, …
As California’s catastrophic wildfires recede and people rebuild after two hurricanes, a massive new federal report warns that these types of disasters are worsening in the United States because of global warming. The White House report quietly issued Friday also …
Human activity is making hurricanes worse, according to a pair of studies published on Wednesday in the journal Nature. Climate change increased rainfall from 5 percent to 10 percent in hurricanes Katrina (2005), Irma (2017) and Maria (2017), wrote two …
Persistent weather conditions, including dry and wet spells, generally have increased in the United States, perhaps due to rapid Arctic warming, according to a Rutgers-led study. Persistent weather conditions can lead to weather extremes such as drought, heat waves, prolonged …
Two-thirds of California’s beaches may be washed away by the end of the century, according to the state’s latest forecast. California’s fourth statewide climate assessment details the increasingly dire impact of climate change, including rising seas, climbing temperatures, more land …