Insurance Majors Invest In Fossil Fuels While Cutting Coverage Due To Climate Risks
US-based insurance companies are running away from climate-related risks while propping up fossil fuel companies.
US-based insurance companies are running away from climate-related risks while propping up fossil fuel companies.
Who has the most power in America? Oil companies? Political parties? Elon Musk? Nope, nope, and nope. The correct answer is insurance companies. Insurance keeps the economy humming. Every new home, school, and commercial building, every airport, farm, or sports stadium is 100% dependent on being able to get insurance. … [continued]
Oak Ridge National Laboratory researchers are deploying their broad expertise in climate data and modeling to create science-based mitigation strategies for cities stressed by climate change as part of two U.S. Department of Energy Urban Integrated Field Laboratory projects. The Urban IFLs are designed to bring together scientists from multiple … [continued]
First Street Foundation’s extreme heat survey predicts one-third of all Americans will be affected by extreme heat by 2053.
Big finance has a huge role in the climate crisis and can guide business leaders toward appropriate action to address the scale of the problem.
“This proposed rule is the Biden administration’s attempt to take power from the states by circumventing the democratic process and legislating through SEC regulations,” John Murante, Nebraska’s treasurer and the foundation’s chairman, said in the filing.
President Biden on Thursday ordered agencies across the federal government to prepare for risks to the American economy posed by climate change. The harms inflicted by human-caused global warming are already being felt in the form of rising sea levels, extreme weather, wildfires, and droughts, but “these risks are often hidden,” … [continued]
Global nonprofit ClientEarth has put the United Kingdom’s largest pension funds on notice over its failure to appropriately adapt to increasing climate risk.
This May, the World Resources Institute, a global research organization spanning over 50 countries, released Putting a Price on Carbon: A Handbook for U.S. Policymakers, an important reference guide that addresses decarbonization and its interaction with many other policy priorities. WRI envisions the working paper—and the detailed briefings to come—as playing “a … [continued]
Busy week behind us. Here’s a bunch of cleantech and climate news from around the interwebs: Clean Energy (In General) Germany Drastically Reduces Forecast For Grid Expansion: “On Monday, the German Network Agency slashed the number of urgently needed power lines needed for the energy transition from 74 to … [continued]