While acknowledging the risks that climate change poses,Federal Reserve Governor Christopher Waller, a Trump appointee, remarked that catastrophic events like hurricanes and floods don’t generally reverberate across the U.S. economy.“Climate change is
Federal Reserve Board announced a pilot project last week to measure the climate risk exposure of six major banks: Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo.
Private equity firms are exposing investors, including retired teachers, nurses, and firefighters, to unknown levels of financial risk by continuing to invest billions of dollars in fossil fuel projects with no exit
President Biden on Thursday ordered agencies across the federal government to prepare for risks to the American economy posed by climate change. The harms inflicted by human-caused global warming are already being
Last week, wildfires swept through Chile, fueled by hot, windy weather. The blazes claimed 11 lives, razed 1,500 homes and burned down an area of forest roughly the size of Maui. Flames
Climate change will cause thousands of new viruses to spread between animal species, increasing the risk that new diseases will infect humans, potentially setting off another pandemic, a study published Thursday in
Half of the planet's 2.2 billion children are already at "extremely high risk" of harm caused by climate change and pollution, a new report from UNICEF says. "Children are uniquely vulnerable to
If the drumbeat of weather-related disasters pounding the globe feels hard to comprehend, you're not alone. Professional risk-assessors in the insurance industry are struggling to come to grips with extreme weather supercharged
The Federal Reserve, for the first time, named climate change as a risk to financial stability. In its biannual financial stability report, the Fed also said banks should be more transparent about
The United States regained the dubious distinction as the world’s top exporter of liquified methane gas (LNG) in the first half of 2023, the U.S. Energy Information Administration announced Tuesday. It shows
The lingering, insidious impacts of the catastrophic, the climate-fueled flooding that submerged one-third of Pakistan in the summer of 2022, illustrate the degree to which countries worldwide are unprepared for the multifaceted
Climate change has — already — increased the risk of explosive wildfire growth in California by 25%, a study published in Nature finds. That climate change, mainly caused by the extraction and
Extreme heat breaking Gulf Coast oil refineries, the hottest Atlantic ocean temperatures in 120,000 years potentially supercharging Atlantic hurricanes, and the ongoing war in Ukraine are all great news for hedge funds
The sovereign credit rating of 59 countries, including the United States, China, India, and Canada could be downgraded in the next decade without significant emissions reductions, according to a study by the
Bangladesh's medical system is being overwhelmed as it battles its worst recorded rash of dengue fever, leaving over 300 people dead. So far this year in Bangladesh, more than 63,000 people have
A bombshell new report identified more than 1,500 registered lobbyists who play “double agent,” working for the fossil fuel industry at the same time as they take a paycheck from organizations, companies,
Federal estimates for extreme precipitation events fail to account for increasingly extreme rainstorms fueled by climate change and thus dangerously underestimate Americans' vulnerability to flooding, a new report from the First Street
The worst silver lining of climate change may be that it is getting too hot for mosquitoes in parts of the southern U.S. This, of course, means the number of days with
Global leaders begin* a two-day summit in Paris today where they are, broadly speaking, seeking to remake the global financial system into a tool to fight climate change and minimize its impact
One of the biggest car and home insurers in America will no longer offer new home insurance policies in California, citing the rising risk of wildfires and home construction costs. “The factors
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