global warming News

Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency

Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark late morning Friday, the Ansa news agency reported. The historic city is still reeling from the 187-centimeter tide it recorded …

Venice Floods, Australia Wildfires Blamed on Climate Change

Extreme floods in Venice, fires in Australia and even an outbreak of plague in China have been attributed to climate change this week, while researchers have warned that global warming could saddle future generations with life-long illness. Venice declared a …

Fires Continue to Rage in Australia’s Most Populous State, New South Wales

Ferocious wildfires were burning at emergency-level intensity across Australia’s most populous state and into Sydney’s suburbs on Tuesday as authorities warned most people in their paths that there was no longer time to flee. New South Wales state is under …

Insurance Council of Australia Declares Catastrophe for New South Wales Bushfires

The Insurance Council of Australia (ICA) on Nov. 9 declared a catastrophe for the bushfires blazing in northern New South Wales. The catastrophe declaration is for communities on the mid-north coast affected by bushfires that have reportedly destroyed more than …

Australia Braces for Another Week of Devastating Bushfires

Australia is bracing for another week of devastating bushfires, with swaths of the eastern seaboard and even areas of greater Sydney facing a “catastrophic” threat that’s unprecedented at this time of year. It’s the first time authorities have set the …

Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?

Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz, AXA, Generali, QBE, Zurich, SCOR …

The Aral Sea Is Dying — A Victim of Environmental Malpractice

The Aral Sea was once the world’s fourth largest inland lake. Today, it’s the epitome of environmental malpractice. More than 60 million people in six nations—Afghanistan, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan—rely on the rivers leading to the Aral. In …

Australia’s Pro-Coal Prime Minister Signals War on Climate Change Activists

Radical. Extreme. Anarchists: Scott Morrison’s choice of language Friday made it clear how he views some environmental protesters. Now the Australian prime minister is signaling he will legislate to stymie what he says is their threat to commercial decisions and …

Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s

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 Service said in a report …

AXIS Capital Sets Clean Energy Policy Designed to Reduce Climate Risks

AXIS Capital Holdings Ltd. won’t insure, invest in or provide insurance or reinsurance for new coal plants or oil pipelines as part of an initiative designed to reduce climate risks and support the switch to renewable energy. The new policy …