Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
IBHS Chief Continues to Ask Congress to Embrace Tax Credits for Climate Resilience
Oct 24 2019 // The Insurance Institute for Business & Home Safety has its eye on more than just helping improve safety on the roads and in homes. The climate and severe weather have also been on the IBHS radar lately. Roy E. Wright,...
Exxon, New York AG Face Off Over Climate Change Accounting
Oct 23 2019 // A lawyer for New York’s attorney general on Tuesday told a state judge Exxon Mobil Corp. used two sets of books to hide the true cost of climate change regulations from investors, while an attorney for the oil major...
Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s
Oct 22 2019 // U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, Moody’s Investors...
Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks
Oct 22 2019 // Exxon Mobil Corp. on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of climate change regulations to its business. The trial, expected to begin...
Climate Change: Believers vs. Non-Believers
Oct 21 2019 // Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a study from the University of Notre Dame. Funded by Notre Dame’s...
Alaska Supreme Court Will Hear Youth’s Climate Change Lawsuit
Oct 10 2019 // The Alaska Supreme Court will hear arguments this week in a lawsuit that claims state policy on fossil fuels is harming the constitutional right of young Alaskans to a safe climate. Sixteen Alaska youths in 2017 sued the...
Activists Push Big Index Funds to Back Shareholder Votes on Climate Risk Disclosure
Oct 9 2019 // The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from...
Believers in Climate Change No More Likely to Mitigate Than Non-Believers
Oct 8 2019 // Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a new study from the University of Notre Dame. Funded by Notre...
Regional Greenhouse Gas Initiative Grows by Another State
Oct 3 2019 // Pennsylvania Gov. Tom Wolf on Thursday ordered his administration to start working on regulations to bring Pennsylvania into the Regional Greenhouse Gas Initiative. The initiative is a nine-state consortium that sets...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks
Sep 24 2019 // Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry. “I’m going to give you a speech without a joke, I’m...
Insurers Join Call for Climate Action at U.N. Summit
Sep 23 2019 // Insurers and pension funds managing $2.3 trillion pledged on Monday to shift their portfolios away from carbon-heavy industries in the hope of triggering snowballing climate commitments from other big investors. German...
Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO
Sep 23 2019 // There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions...
Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail
Sep 20 2019 // 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...
Oil Industry’s $50B in New Projects Conflict with Paris Climate Goals: Think Tank
Sep 16 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a recent...
Climate Change Tops List of World’s ‘Extreme Risks’
Sep 12 2019 // Global temperature change, global trade collapse and cyber warfare are the top three “extreme risks” identified in a study from Willis Towers Watson. The new paper out this month is part of the firm’s...
Loss Creep Spells End to Soft Reinsurance Market: Guy Carpenter
Sep 10 2019 // Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance...
Oil Industry’s $50 Billion in New Projects Conflict with Paris Climate Goals: Think Tank
Sep 6 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report...
Why Are Amazon Fires Potentially Sparking Global Climate Crisis?
Aug 26 2019 // A record number of fires ravaging the Amazon has drawn international outrage because of the rainforest’s importance to the global environment and prompted Brazilian President Jair Bolsonaro to dispatch the military...
Retreat as an Answer to Climate Change?
Aug 22 2019 // Think retreat is never an option? Think again. “Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving...
Germany’s Forests Damaged by Droughts and Wildfires, Stoking Climate Debate
Aug 12 2019 // Germany’s forests – long a source of pride and national identity – are feeling the heat. A second consecutive year of unusually dry and warm weather has left swaths of dead and dying trees, fueling fears that the...
