Climate Control News

U.S. Insurers Lag Euro Counterparts in Climate Rating Report

Legislation to provide farmers with tools to help New York efforts to mitigate the impacts of climate change is making its way through state Legislature. The Soil Health and Climate Resiliency Act passed the Assembly unanimously last week, and was …

Report: $8.1B of Sandy’s Damages Attributable to Climate Change

Roughly $8.1B of Superstorm Sandy’s damages in 2012 are attributable to “climate-mediated anthropogenic sea level rise,” a report out this week shows. The report published on Tuesday in the journal Nature Communications examined how much of the more than $60 …

NOAA: Hot is the New U.S. Climate Normal

It’s hot, get used to it. That might be the clearest takeaway from a message out from the National Oceanic and Atmospheric Administration on Tuesday, which gave us a glimpse of the “new normal” in a changing climate. NOAA releases …

Alaska Wary of ‘California Style’ Blackouts; Study Assesses Global Hailstorm Trends

Alaska could face “California-style” blackouts as climate change increases the state’s wildfire risk. That’s according to an article this week in the Anchorage Daily News. The article centers on Alaska’s record-breaking 2019 wildfire season and the McKinley Fire, believed to …

Securities, Commodities, Insurance Regulators Face Climate Issues

The Connecticut Legislature’s Insurance & Real Estate Committee held a public hearing this week on what is believed the country’s first bill requiring insurance companies to disclose the premiums they receive from fossil fuels. The bill, Senate Bill 1047, could …

Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance

Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning Circulation during the 20th century has weakened more than at any other time over the last 1,000 years, new research …

U.S. Financial Services Leaders Support Principles for Low-Carbon Transition

U.S. financial services leaders have stated their support in principle for a U.S. transition to a low-carbon economy. The support comes following the release of the Principles for a U.S. Transition to a Sustainable Low-Carbon Economy by the U.S. Climate …

Sadly The One Thing 2020 Did Well Was to Heat Things up

2020 wasn’t the bottom of the barrel in all regards – depending on how you look at it. The planet’s average surface temperature in 2020 tied with 2016 as the warmest year on record. An analysis by NASA’s Godard Institute …

Biden’s Climate Accord Move Welcomed by World Leaders

New U.S. President Joe Biden wasted no time on making known his intentions regarding climate change on his first day in office, saying he was signing an executive order to undo a number of the Donald Trump’s environmental policies. Biden’s …

Cities Are Stepping up Their Own Greenhouse Gas Battles

Long Beach, Calif., this week took a step in a plan to reduce local greenhouse gas emissions. The city council on Tuesday heard an update report on a plan to lessen the expected impacts of climate change, meet state-mandated greenhouse …