global warming News

World’s Largest Ports May Be Unusable by 2050 Without More Climate Action: Report

Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up decarbonization of the maritime sector and bring in new technology are vital, a study showed on Friday. Weather-related …

Brave New Whirl: Hurricane Lee Rewriting Rule Book on Storm Behavior

ATLANTA (AP) — Hurricane Lee is rewriting old rules of meteorology, leaving experts astonished at how rapidly it grew into a goliath Category 5 hurricane. Lee — which just as quickly dropped to a still-dangerous Category 3 and held that …

Report: Climate Change Boosts Risk of Extreme Wildfires 25%

A group of scientists used machine learning to quantify empirical relationships between temperature and the risk of extreme daily wildfire growth in California to show the influence of temperature on the risk – and they found that climate change boosts …

World Losing Race to Meet Climate Goals, COP28 President Says

The world is losing the race to meet its climate change goals, the president of the upcoming COP28 summit said on Tuesday, as African leaders called for changes to what they say is an unfair international climate finance system. The …

EU to Seek COP28 Deal on Phasing Out Fossil Fuels: Draft Document

European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU’s negotiating position showed. Diplomats from the bloc’s 27 …

Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds

The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related risks to investors in the country’s sovereign bonds, court filings showed. The terms of the settlement, if approved by the …

Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice

More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonize faster, saying its policies had failed to keep pace with rising climate change risks. Institutional Shareholder Services (ISS) …

Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers

Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for …

Climate Change Doubled Odds of Eastern Canada’s Extreme Wildfire Weather: Research

This summer’s wildfires in eastern Canada have raged so intensely that smoke from them darkened skies as far away as Portugal. From the outset, scientists said that Canada’s historic wildfire season bore the hallmarks of climate change. Now, a new …

How Satellites Are Helping Farmers Adapt to Climate Crisis

When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the result is bitter. Too late, and it’s overly sweet. It’s a delicate balance—one that’s increasingly being upended by the climate crisis. In …