Climate Control News

California Climate Bills Requiring Broad Disclosures Have National Implications

A pair of California bills requiring large companies to report emissions from across their supply chains and creating more stringent reporting of climate-related impacts could have implications nationwide. Two Legislators from the Golden State this week introduced Senate Bill 253 …

U.S. EPA Seeking to Focus on Climate Mitigation

The U.S. Environmental Protection Agency is proposing adding mitigating climate change to its national focus over the next four years. The EPA on Thursday announced it’s considering adding environmental justice, climate change, and PFAS (Per- and polyfluoroalkyl substances, human-made chemicals …

Activists Say They’ll Continue to Call out Liberty Mutual for Fossil Fuels

Right after Tim Sweeney took the helm as Liberty Mutual’s CEO, a group of activists hosted a demonstration asking the him to “pick fossil fuels or Boston” by prioritizing climate policies to mitigate risk and protect the city of Boston …

NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years

Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA researchers. The results from the NASA Sea Level Change Team rely on measurements from a network of satellite altimeters along …

Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles

A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk. That’s more than twice as much as when the Paris Agreement was announced in 2015, …

Climate Concern Dropped Amid the Pandemic, but Not for Everyone

Evidently, climate concern dropped last year. A new Gallup World Risk Poll shows fewer than half of those questioned said climate change poses a “very serious threat” to their nations in the next 20 years. It was down overall, but …

Study Shows Climate Change Made Droughts More Likely in 2022

Climate change made droughts in the Northern Hemisphere droughts more likely this year, a new study by a team of U.S. and international scientists shows. The scientists, part of World Weather Attribution, a group that studies links between extreme weather …

Scientist: Climate Change Plus 3rd Straight La Niña ‘Not a Good Thing’

Climate change combined with a third consecutive La Niña is “not a good thing,” a scientist is warning. Jonathan Overpeck, a climate scientist, professor and dean of the School for Environment and Sustainability at the University of Michigan, wrote this …

NYT Piece Calls out ‘Summer of Climate Disasters’

Insurance professionals in the alternative energies sector may want to take note of a recent Bloomberg opinion piece that focuses on supply chain and supply chain risks due to rising energy costs. It calls 2022 “a blockbuster year for energy …

Report: Atmospheric Storms Could Result in $3.2B in Flood Damage by Century’s End

Atmospheric rivers that bombard the Western U.S. from time to time could result in as much as $3.2 billion in flood damage by century’s end, according to researchers who published a new study in the journal Scientific Reports. Atmospheric rivers …