Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather risks uninsurable, according to a …
Exxon Mobil Corp. suffered a setback in a climate change case when a federal judge ruled that a consumer protection lawsuit filed by Massachusetts should go back to state court. U.S. District Judge William G. Young in Boston on Tuesday …
Severe weather events and demographic challenges will continue to strain government finances, a trend that will require “a rethink of how catastrophic events are funded” and push the need for greater use of public-private partnerships to manage risk, a new …
Only a year after losing their homes to floods in parts of Australia’s north eastern coast of Queensland, people are moving into new houses built on or near the same plots. But while banks have been only too willing to …
Australia risks worse wildfires than this season’s record-breaking blazes unless it reduces emissions and phases out fossil-fuel exports, climate scientists warned. In a report titled “Summer of Crisis,” the Climate Council lobby group said Australian governments ignored warnings from scientists …
A Connecticut lawmaker has plans for a bill that not only calls for the state to look at which insurers have fossil fuel investments – a growing trend among government entities as of late – but also which ones are …
Climate change is adding to the risk of fierce wildfires in Australia, according to a scientific study of this season’s blazes that razed an area the size of England and killed dozens of people and more than a billion animals. …
In a world facing a climate crisis, investors need to start taking account of carbon emissions and rising temperatures in their decisions, according to Bank of England Governor Mark Carney. The shift in thinking will be key to the industry’s …
Singapore has a reputation for planning ahead. When it comes to climate change, it’s planning for the worst. While governments around the world are struggling to meet the goals of the Paris agreement — keeping the global temperature increase to …
“We have front row seats,” said Elise Jones, a Boulder County commissioner. Jones along with two other commissioners oversees government affairs in the Colorado county of 330,000 or so at the base of the foothills of the Rocky Mountains. Her …
