global warming News

Residents Seek Backup Power as Storms, Fires Cause Blackouts

NEW YORK — Climate change has led to deadlier wildfire seasons in the American West and more severe hurricanes and storms barreling up the Southern and Eastern coasts. The dramatic weather frequently knocks out power, leading some residents of storm-ridden …

Fire and Hail Push Insurers to Rethink Climate Change Risks

LONDON — By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is …

As Sea Levels Rise, Homes Continue to Sprout in U.S. Flood Zones

NEW YORK — New homes are going up fastest in high-flood risk areas in many U.S. coastal states, scientists said on Wednesday, despite increasing awareness that global warming has made living in such areas even more risky. Science and communication …

Moody’s Links with Four Twenty Seven to Price Climate Risk: Leonid Bershidsky

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, …

Europe Heat Wave Set to Break Records: Paris Hotter Than Cairo

Europe’s latest summer heatwave broke heat records just weeks after the continent recorded its hottest ever June, fueling concern that a shifting climate is making extreme weather events more frequent. Germany probably set a new all-time temperature record of 106.7 …

Mental Stress on Rise as Coastal Towns Confront Climate Threats

When community leaders in the town of Piermont, just north of New York City, ask residents, “How long do you want to live here?” the question is more than a personal one. Piermont, parts of which are set on a …

Mounting Climate Change Fears Push Investors to Assess Geographical Risks

NEW YORK — With an above-average percentage of its power generated from renewable sources and one of the largest battery storage operations in the United States, utility Sempra Energy seemed to check all the boxes for portfolio manager Todd Ahlsten, …

Companies See $1 Trillion in Climate Risk, but More in Potential Reward

An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years. Some $2.1 trillion worth of potential good news is embedded in those statements, according …

Unceasing Midwest Rains Add to Wettest 12 Months Ever for U.S.

The rain across the Midwest and Great Plains that’s closed refineries, flooded streets and snarled Mississippi River traffic shows no sign of abating, adding to the U.S.’s wettest 12-month stretch on record. Heavy showers will fall from Texas to the …

Stay or Go? As Weather Gets Wilder, States Urged to Prepare for Displacement

GENEVA — Warned that Typhoon Haiyan would slam into the coastal part of the Philippine town of Dulag in November 2013, Leah C. Caminong’s family rented a room 300 meters back from the shoreline where they planned to ride out …