global warming News

Global Carbon Emissions Hit Record in 2018 on Higher Fossil Fuel Consumption

Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India. Those findings from the …

Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk

The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. The central bank under Carney has been vocal in highlighting …

BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns

The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to coal as companies around the world step up fossil fuel divestment plans to improve the environment. Cardif, which has already …

Government Overhaul of National Flood Insurance Cheered by Climate Resilience Experts

Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but could drive up costs for some homeowners. The changes being …

NYC Mayor Proposes $10B Plan to Flood-Proof Manhattan as Climate Risk Grows

New York Mayor Bill de Blasio proposed a $10 billion plan to push out the lower Manhattan coastline as much as 500 feet, or two city blocks, to protect from flooding that’s expected to become more frequent as global temperatures …

Climate Activists to Pressure U.S. Insurers Underwriting Fossil Fuel Industry

Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S. A new petition by several climate change and consumer activist groups …

Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan

Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. …

Opinion: California’s Wildfires Burn Our Climate Illusions

Joan Didion’s “Holy Water,” written in 1977, is a paean to the elaborate engineering that supplied her taps in Malibu and filled drinking glasses in Hollywood restaurants. At its heart is a warning: The apparent ease of California life is …

Firefighters Gain Upper Hand over New Zealand Wildfires; Evacuees Return Home

About 3,000 people who fled as a wildfire threatened a New Zealand town were allowed to return home Monday [Feb. 11] as firefighting conditions improved. Another 400 residents living in valleys near the fire aren’t yet able to return, although …

One-Third of Himalayan Glaciers at Risk from Climate Change: Study

One-third of Himalayan glaciers will melt by the end of the century due to climate change, threatening water sources for 1.9 billion people, even if current efforts to reduce climate change succeed, an assessment warns. If global efforts to curb …