Climate Change

Perfect storm sets up catastrophe bonds for record returns this year as investors price in climate costs

Perfect storm sets up catastrophe bonds for record returns this year as investors price in climate costs

A fire whirl shoots into the sky as flames from the Hog fire jump highway 36 about 5 miles from Susanville, California on July 20, 2020 Catastrophe bonds, or cat bonds, have enjoyed a perfect storm of conditions that are leading to a banner year. According to the Swiss […] Click here to view original […]

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Billions of dollars to clean up abandoned oil and gas wells will only make a dent

Billions of dollars to clean up abandoned oil and gas wells will only make a dent

A crew works on plugging an abandoned oil well that North Dakota confiscated in the Little Missouri National Grasslands. States are rushing to spend billions in new federal dollars to plug abandoned oil and gas wells that can leak pollutants into water sources and emit greenhouse gases into the […] Click here to view original

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Biden-Harris Administration Announces Nearly $2 Billion in Available Funding to Increase Climate Resilience Nationwide

Biden-Harris Administration Announces Nearly $2 Billion in Available Funding to Increase Climate Resilience Nationwide

Today, Homeland Security Secretary Alejandro N. Mayorkas, FEMA Administrator Deanne Criswell and White House Infrastructure Coordinator and Senior Advisor to the President Mitch Landrieu announced that as part of President Biden’s Investing in America Agenda, FEMA is making $1.8 billion available for two grant programs designed to help communities […] Click here to view original

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Turbocharged hurricanes are now twice as likely to rapidly shift from puny to powerful and destructive, a new study found

Turbocharged hurricanes are now twice as likely to rapidly shift from puny to powerful and destructive, a new study found

Your browser does not support the video element. Atlantic hurricanes are more than twice as likely to rapidly intensify vs. decades ago, a study found. Hurricanes are also rapidly intensifying faster than they used to. The warming Atlantic Ocean is what’s turbocharging hurricanes from puny to powerful. With warmer […] Click here to view original

Turbocharged hurricanes are now twice as likely to rapidly shift from puny to powerful and destructive, a new study found Read More »

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