global warming News

Allianz Plans to Sell Coal Holdings in Response to Climate Change Concerns: CIO

Allianz SE is turning its back on coal as returns evaporate from energy generation that is harmful to the environment. Europe’s largest insurer plans to exit holdings in mining companies and utilities that derive more than 30 percent of their …

78 Major Firms Urge Governments to Use Carbon Pricing to Curb Global Warming

Leaders of 78 major companies urged governments on Monday to include the pricing of carbon emissions as part of policies to curb global warming, as world leaders prepare for a summit on climate change in Paris next week. Chief executives …

Weather-Related Disasters Occurred Almost Daily in Past Decade: U.N. Report

Weather related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often as two decades ago, with Asia being the hardest hit region, a U.N. report said on Monday. While the report …

Paris Climate Summit Will Seek New Path to Reduce Carbon Emissions

Next week, in the waning days of what is set to be the hottest year on record, world leaders meet on the outskirts of Paris for a summit that seeks nothing less than to steer the global economy away from …

El Niño Helps Create Another Record Year for High Temperatures

El Niño is the Earth’s hot, exhaling breath. At least, that’s one way of thinking about it. The blast of heat from deep within the Pacific Ocean will do more in 2015 than just disrupt weather worldwide. It will push …

El Niño Expected to Become One of Strongest on Record: UN’s Weather Agency

The El Niño weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, the U.N. weather agency said on Monday. The …

Paper Fingers Climate Change for California Wildfires

There was a bit of hesitation from National Oceanic and Atmospheric Administration scientist Stephanie C. Herring when she was asked questions about the increased risk and the implications of that risk for the insurance industry posed by climate change. Hesitation …

Climate Risk May Hit Equity Portfolios as Investor Sentiment Shifts: Study

Equity portfolios may lose as much as 45 percent of their value due to shifting investor sentiment about climate change, according to a report by. Investors are becoming more aware of the short-term impact that the warming planet may have …

Global Temperature Rise on Track to Hit Half-Way Point of ‘Tolerable Threshold’

The world is on track to reach 1 degree Celsius of global warming this year since the industrial revolution, the half-way point toward the maximum tolerable threshold identified by scientists. That’s the conclusion of the Met Office, the U.K. government-backed …

Economics of Climate Change, Climate Fiction and Climate Control

With fresh news out on the global economic cost of climate change, an enticing climate fiction contest and a sweet victory for this column, it would take until Christmas to individually cover it all in a bimonthly space. So I’ll …