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The “Hurricane Tax”: Ian Is Pushing Florida’s Home Insurance Market Toward Collapse
Hurricane Ian has dissipated, but it will bring even more turmoil to the Sunshine State in the coming months. This damage will be financial rather than physical, as ratings agencies and real estate companies have estimated the storm’s damages at anywhere between $30 and $60 billion. The storm is poised to be one of the largest insured loss events in U.S. history.
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The U.S. Needs to Prepare for More Billion-Dollar Climate Disasters Like Hurricane Ian
Billion-dollar disasters such as Hurricane Ian are on the rise in the United States. Officials should take swift action to reduce the damage and protect Americans.
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The Cost of Rising Temperatures
From crop damage to cooling failures at cloud-based data centers, climate change affects a wide variety of economic sectors. The study found that economies are sensitive to persistent temperature shocks over at least a 10-year time frame.
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Permanent Rupture: The European-Russia Energy Relationship Has Ended with Nord Stream
Last Monday’s blasts that tore through the Nord Stream 1 and Nord Stream 2 pipelines have already blown up whatever was left of five decades of German energy policy. For Germany, abandoning the Nord Stream pipelines signified a fundamental transformation of Germany’s energy security strategy, and its approach to relations with Russia. “The Nord Stream pipeline was the last gasp of Ostpolitik and this week’s damage is likely fatal.” Emily Holland writes.
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How Can Countries Protect Critical Infrastructure from Cyberattacks?
Hacking attacks on power grids, telecom networks, or governments can paralyze entire societies. That makes them a powerful military weapon, as the war in Ukraine demonstrates. How can countries protect themselves?
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Human Trafficking’s Newest Abuse: Forcing Victims into Cyberscamming
Tens of thousands of people from across Asia have been coerced into defrauding people in America and around the world out of millions of dollars. Those who resist face beatings, food deprivation or worse.
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Pipeline Leaks Likely the Result of Deliberate Act
European Union foreign policy chief Josep Borrell said Wednesday that all indications are that leaks from two Nord Stream natural gas pipelines in the Baltic Sea “are the result of a deliberate act.” The 1,222-kilometer-long Nord Stream 1 pipeline has been, until recently, a major source of gas for Germany. Nord Stream 2, which is 1,234 kilometers in length, has yet to go into commercial operation.
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Suspicious Leaks in Baltic Sea Nord Stream Pipelines Connecting Russia and Germany
Both Nord Stream natural gas pipelines from Russia to Germany have developed apparent leaks within hours of one another. The cause is unknown, but some sources have hinted at sabotage.
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What Many Progressives Misunderstand About Fighting Climate Change
We have gotten used to thinking that fighting for the environment must mean fighting against corporations. Indeed, some environmental activists openly say that the energy transition is an opportunity to remake society and usher in a new social order. Alec Stapp writes that such ideas “raise a question: What is the real goal here—stopping climate change or abolishing capitalism?” He adds: “In reality, the false solution to climate change isn’t geoengineering or nuclear energy—it’s the belief that we can decarbonize the economy only by upending our economic system, categorically rejecting certain technologies, and spurning private investment.”
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The Same App Can Pose a Bigger Security and Privacy Threat Depending on the Country Where You Download It, Study Finds
In a perfect world, access to apps and app security and privacy capabilities would be consistent everywhere. My colleagues and I found differences in app availability, security and privacy.
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Getting Serious About the Threat of High Altitude Nuclear Detonation
The ongoing commercialization of space with cost effective bulk electronics presents a tantalizing target for nations with a space disadvantage to target long-before a conflict could escalate to nuclear exchange. Robert “Tony” Vincent writes “the Department of Defense should get serious about planning for and countering the threat of high altitude nuclear detonations, starting with its various science and technology funding organizations.”
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New Small Business Innovation Sources Tapped for Classified Efforts
DOD often seeks innovative and creative solutions to complex, classified challenges, but the DOD is currently only able to access a limited pool of companies cleared to work on them. Pilot program aims to expand pool of small companies cleared to work on classified defense projects.
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U.S. Is Falling Behind China in Key Technologies: Experts
The United States has fallen behind China in the development of several key technologies, and it now faces an uncertain future in which other countries could challenge U.S. historic dominance in the development of cutting-edge technology. A new report envisions a future where China, not the U.S., captures the trillions of dollars of income generated by the new technological advances and uses its leverage to make the case that autocracy, not democracy, is the superior form of government.
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NIST, Google to Create New Supply of Chips for Researchers, Tech Startups
NIST has signed a cooperative research and development agreement with Google to develop and produce chips that researchers can use to develop new nanotechnology and semiconductor devices. The cooperative research agreement aims to unleash innovation in the semiconductor and nanotechnology industries.
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Germany Takes Over Rosneft Refineries in Move to Secure Energy Supplies
Germany says it has taken control of a major oil refinery owned by the German unit of Russia’s Rosneft as a step to bolster energy security for the country amid oil and gas cuts by Moscow in retaliation for Western sanctions against it because of the invasion of Ukraine.
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More headlines
The long view
The Scourge of Commercial Spyware—and How to Stop It
Years of public revelations have spotlighted a shadowy set of spyware companies selling and servicing deeply intrusive surveillance technologies that are used against journalists, activists, lawyers, politicians, diplomats, and others. Democratic nations (thus far) lag behind the United States in executing spyware-related policy commitments.
Training Students to Succeed in the “Fourth Industrial Revolution”
Transformational changes are already underway in the manufacturing industry as technological advancements, such as artificial intelligence (AI) and smart devices from the “fourth industrial revolution” or Industry 4.0., inspire a digital-first approach to engineering. University of Missouri researchers are using a $1 million grant to support the development of an Industry 4.0 lab, training engineering students for the future of digitization in manufacturing.
Multi-Billion-Dollar Risk to Economic Activity from Climate Extremes Affecting Ports
More than $122 billion of economic activity - $81 billion in international trade - is at risk from the impact of extreme climate events, according to new research. Systemic impacts – those risks faced due to knock-on effects within global shipping, trade and supply chains network - will hit ports and economies around the world, even if the local ports are not directly affected by extreme events.
Tech Breakthrough Could Increase States’ Use of Geothermal Power
Lawmakers in some states have been laying the groundwork to add geothermal power to the electrical grid and pump underground heat into buildings. Now, a technological breakthrough could dramatically expand those ambitions — and perhaps unleash a new wave of policies to tap into geothermal sources. If the technology’s promise is fulfilled, geothermal could power as much as 20% of the U.S. grid.
More U.S. Crops to Require Irrigation
With climate change, irrigating more crops in the United States will be critical to sustaining future yields, as drought conditions are likely to increase due to warmer temperatures and shifting precipitation patterns. Yet less than 20% of the nation’s croplands are equipped for irrigation.
State Pension Fund is Helping a Middle Eastern Firm Export Arizona’s Precious Groundwater
As rural Arizonans face the prospect of wells running dry, foreign firms are sucking up vast amounts of the state’s groundwater to grow hay for Saudi Arabia and other wealthy nations. The state’s retirement system invested heavily in a private land deal that allowed a foreign company to effectively ship Arizona’s scarce water supply overseas.
Climate Change and U.S. Property Insurance: A Stormy Mix
Accelerating risks and damage from climate change are spurring private insurers in the United States to limit coverage in a growing number of areas, thus imposing mounting stress on local communities and straining the country’s overall economic health.
A Review of NIST’s Draft Cybersecurity Framework 2.0
Cybersecurity professionals, and anyone interested in cybersecurity, have noted that the gold standard of cybersecurity is getting a needed polish. “But all that glitters is not gold,” Melanie Teplinsky writes. NIST’s voluntary cybersecurity framework leaves organizations vulnerable to the nation’s most capable cyber adversaries. NIST’s proposed overhaul won’t change that.
Climate Change and U.S. Property Insurance: A Stormy Mix
Accelerating risks and damage from climate change are spurring private insurers in the United States to limit coverage in a growing number of areas, thus imposing mounting stress on local communities and straining the country’s overall economic health.
A Review of NIST’s Draft Cybersecurity Framework 2.0
Cybersecurity professionals, and anyone interested in cybersecurity, have noted that the gold standard of cybersecurity is getting a needed polish. “But all that glitters is not gold,” Melanie Teplinsky writes. NIST’s voluntary cybersecurity framework leaves organizations vulnerable to the nation’s most capable cyber adversaries. NIST’s proposed overhaul won’t change that.