global warming News

Report: California Wildfires Will Get Worse, Blame Climate Change

Hot, dry weather in California has resulted in a dramatic increase in wildfires. It will get worse – and you can blame climate change, according to a new report out. The report, Observed impacts of anthropogenic climate change on wildfire …

Freak Weather Risks India’s Renewable Energy Goals, Affecting Insurers, Lenders

India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are damaging renewable energy projects, threatening a business which survives on wafer-thin …

French Utility EDF Prepares Its Nuclear Reactors for Climate Change

Electricite de France SA is preparing its nuclear power facilities to operate in more severe heatwaves in the coming decades as a changing climate may interfere with key electrical equipment. The utility, which produces almost three-quarters of France’s electricity from …

Zurich Commits to UN Climate Change Targets, to Using only Renewable Energy by 2022

Zurich Insurance Group announced it is accelerating actions to progress towards a low-carbon economy “amid an increasing climate crisis.” Its actions range from committing to UN targets for global temperature rise, to helping clients cut their exposure to fossil fuels, …

Blast of Hot Air from Sahara Triggers Record Heatwave Across Europe

Europeans fought to stay cool as a blast of hot air from the Sahara desert sent temperatures to records in large parts of the continent and whipped up concern about climate change. Germany imposed speed restrictions on usually limit-free stretches …

Poll: Majority of Americans Say Global Warming is Affecting U.S. Weather

The majority of Americans say global warming is important to them, and that it’s affecting the weather in the U.S. A national survey by the Yale Program on Climate Change Communication and the George Mason University Center for Climate Change …

Sweltering Heatwave in Germany Sparks Wildfires, Forces Speed Cut on Autobahn

A blistering heatwave prompted Germany to impose speed restrictions on usually limit-free stretches of its high-speed motorways Wednesday, the latest sign of extreme weather events ruffling Europe’s largest economy. State authorities are reducing speeds to as low as 100 kilometers …

UK’s Legal & General Is Divesting Exxon Shares Over Climate Change

One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing enough to address climate change. Legal & General Investment Management, which oversees about $1.3 trillion and is one of Exxon’s …

Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power

Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by denying coverage to gambling companies and nuclear-power generators. The asset-management arm of ASR Nederland NV already has a list of …

Penn. Governor Wolf Wants Power Plant Emission Plan to Fight Climate Change

Pennsylvania Governor Tom Wolf is asking Pennsylvania’s Republican-controlled Legislature to take steps toward authorizing the state to join a regional consortium that sets a price and caps on greenhouse gas emissions from fossil fuel-fired power plants. The Democratic governor’s move …