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Facing “a new era of catastrophes,” book by Wharton profs offers tips for business leaders
Wharton’s Howard Kunreuther and Michael Useem’s recent book Mastering Catastrophic Risk: How Companies are Coping with Disruption dives into the ways top companies have rebounded after their own worst-case scenarios. “The ‘unthinkable’ has gone from not being on anyone’s radar screen to now being central,” says Useem. “But to think about it, you need tools, and wisdom.”
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Meteoroid explodes over Russian city without warning
A meteoroid exploded over the city of Lipetsk in western Russia last week without warning, lighting up the summer sky with a bright flash. While some enjoyed the light show, others are worried that we didn’t see it coming. The danger from an incoming asteroid of that size – about 15 feet wide — isn’t that it will crush buildings or people (although falling meteorites have occasionally done that), but the shock wave from the explosion, which can be comparable to a small nuclear explosion.
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Warming climate would make wildfire-prone homes uninsurable
Nine months after the October 2017destructive Tubbs Fire in Sonoma County, the process of reconstruction has begun. Experts question the prudence of rebuilding in some of the burnt-out areas in light of existing fire hazard and predictions of how the warming climate will fuel more frequent and severe wildfires in the western United States.
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New simulations show potential impact of major quakes by building location, size
With unprecedented resolution, scientists and engineers are simulating precisely how a large-magnitude earthquake along the Hayward Fault would affect different locations and buildings across the San Francisco Bay Area. Researchers are leveraging powerful supercomputers to portray the impact of high-frequency ground motion on thousands of representative different-sized buildings spread out across the California region.
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Understanding the Gulf Coast's interconnected natural and human system
The physical and ecological systems, people, and economy in the Gulf Coast are inextricably linked. Improved understanding of the coupled natural-human coastal system will help promote resilience of coastal communities and ecosystems under rapidly changing environmental conditions and support informed decision-making, says a new report.
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Lessons from extreme weather events: What disasters teach us about resilience
Extreme weather events are among the most likely causes of disasters. Every dollar spent on disaster resilience saves five dollars in future losses. Post-Event Review Capability analysis helps to identify opportunities to reduce risk and build long-term resilience. With that in mind, Zurich Insurance Group (Zurich) says it is sharing what it has learned about how individuals, businesses and communities can increase resilience to disasters.
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Dangerous climate change is likely: Study
New study reveals sensitive regions of the world are still at risk from the dangerous and potentially irreversible effects of climate change. Research also concludes governments can achieve the goals set by the 2015 Paris Climate Agreement of limiting the increase in global average temperatures to well below 2°C, if they act now.
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Houston and Hurricane Harvey: The lessons
Hurricane Harvey made landfall near Rockport, Texas on 25 August 2017 as a Category 4 storm. Over the next four days, Harvey dropped more than 40 inches of rain over eastern Texas, causing catastrophic flooding. The resulting floods inundated hundreds of thousands of homes, displaced more than 30,000 people and prompted more than 17,000 rescues. Total damage from the hurricane is estimated at $125 billion. Through extensive interviews, a new Post-Event Review Capability (PERC) study identifies lessons learned from the 2017 Houston floods and provides recommendations for enhancing flood resilience - before the next event occurs.
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The lessons of natural disasters for the world
Historians are part of a global study that will shed light on how to better deal with the prediction and aftermath of environmental disasters in the Indian Ocean region, including tsunamis, volcanic eruptions and earthquakes.
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New national near-Earth object preparedness plan released
A new multiagency report outlines how the U.S. could become better prepared for near-Earth objects—asteroids and comets whose orbits come within thirty million miles of Earth—otherwise known as NEOs. While no known NEOs currently pose significant risks of impact, the report is a key step to addressing a nationwide response to any future risks.
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Climate change will soon hit billions of people, and many cities are taking action
By mid-century, billions of people in thousands of cities around the world will be at risk from climate-related heat waves, droughts, flooding, food shortages and energy blackouts, but many cities are already taking action to blunt such effects, says a new report from a consortium of international organizations.
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Identifying the site of the next Big One on the San Andreas Fault
Many researchers hypothesize that the southern tip of the 1300-km-long San Andreas fault zone (SAFZ) could be the nucleation site of the next major earthquake on the fault, yet geoscientists cannot evaluate this hazard until the location and geometry of the fault zone is documented. Researchers want to keep an eye on an area located northeast of the margin of the Salton Sea, where the SAFZ meets the newly identified East Shoreline fault zone (ESF).
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As coastal communities face more frequent, severe disruptions, costly choices loom
Sea levels are rising. Tides are inching higher. High-tide floods are becoming more frequent and reaching farther inland. And hundreds of U.S. coastal communities will soon face chronic, disruptive flooding that directly affects people’s homes, lives, and properties. Long before rising seas permanently submerge properties, millions of Americans living in coastal communities will face more frequent and more severe disruptions from high-tide flooding. As this flooding increases, it will reach a threshold where normal routines become impossible and coastal residents, communities, and businesses are forced to make difficult, often costly choices.
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How will people move as climate changes?
In coming decades, climate change is expected to displace millions of people through sea level rise, crop failures, more frequent extreme weather and other impacts. But scientists are still struggling to accurately predict how many climate migrants there will be, and where they are likely to go. A new study seeks to address these questions by incorporating climate impacts into a universal model of human mobility. The model also seeks to predict the effects migrants might have on the places to which they move.
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Mexico’s World Cup goal causes artificial earthquake back home
Hundreds of thousands of Mexican soccer fans, jumping in jubilation on Sunday as the Mexican national soccer team defeated the reigning world champion Germany, shook the ground hard enough to set off earthquake detectors. The Mexican seismological agency reported that highly sensitive earthquake sensors registered tremors at two sites in Mexico City, within seven seconds after Hirving (Chucky) Lozano, the speedy left-winger, scored in the 36th minute.
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More headlines
The long view
Trump Aims to Shut Down State Climate Policies
President Donald Trump has launched an all-out legal attack on states’ authority to set climate change policy. Climate-focused state leaders say his administration has no legal basis to unravel their efforts.