• 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.

  • 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.

  • A New Way to Predict Droughts

    Scientists looking at the meteorological impacts of climate change have typically looked at increases in severe weather and hurricanes. Now, they are studying another consequence of global warming that will have significant economic ramifications: drought. And advanced computing gives new window into “flash droughts.”

  • Hundreds of Hospitals on Atlantic and Gulf Coasts at Risk of Flooding from Hurricanes

    Researchers identified 682 acute care hospitals in 78 metropolitan statistical areas located within 10 miles of the Atlantic and Gulf Coasts of the United States, covering a population just under 85 million people, or about 1 in 4 Americans. They found that 25 of the 78 metro areas studied have half or more of their hospitals at risk of flooding from a Category 2 storm.

  • 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.”

  • Burying Short Sections of Power Lines Could Drastically Reduce Hurricanes' Impact on Coastal Residents

    As Earth warms, people living near the coasts not only face a higher risk of major hurricanes but are also more likely to experience heat waves while grappling with widespread power outages. Strategically burying just 5% of power lines — specifically those near main distribution points — would almost halve the number of affected residents.

  • Rapid Land Sinking Leaves Cities Vulnerable to Rising Seas

    Sea levels are rising as Earth’s ice sheets melt and as warming sea water expands, but many densely populated coastal cities around the world are more vulnerable to sea level rise because large amounts of their land are sinking. They suggest that an increase in industrial processes such as the extraction of groundwater, oil, and gas, as well as the rapid construction of buildings and other urban infrastructure may be contributing to this vulnerability.

  • Rising Seas Threaten Tax Bases as Private Property Falls Below Tidelines

    New analysis from Climate Central quantifies the risk of sea level rise to the tax bases of hundreds of coastal counties across 24 states and Washington, D.C. as more land falls beneath the tideline. More than 48,000 properties are projected to be entirely below their states’ tidal boundary levels by 2050, with roughly 64,000 buildings at least partially below the high tide line. By 2100 more than one million properties with a combined assessed value exceeding $108 billion are projected to be at least partly submerged at high tide.

  • Modeling Thawing at Base of Antarctic Ice Sheet

    Across Antarctica, some parts of the base of the ice sheet are frozen, while others are thawed. Scientists show that if some currently frozen areas were also to thaw, it could increase ice loss from glaciers that are not currently major sea-level contributors.

  • Increasing Impacts of Floods and Droughts Worldwide

    Risk management has reduced the vulnerability to floods and droughts around the world, but their impact is still increasing worldwide.

  • “Prediction Markets” Could Improve Climate Risk Policies and Investment Decisions

    A market-led approach could be key to guiding policy, research and business decisions about future climate risks, a new study outlines. The paper details how expert ‘prediction markets’ could improve the climate-risk forecasts that guide key business and regulatory decisions.

  • Intense Heat Waves and Flooding Are Battering Electricity and Water Systems, as America’s Aging Infrastructure Sags Under the Pressure of Climate Change

    The underlying issue for infrastructure failure is age, resulting in the failure of critical parts such as pumps and motors. Compounding the problem of age is the lack of funds to modernize critical systems and perform essential maintenance. The consequences of inadequate maintenance are compounded by climate change, which is accelerating infrastructure failure with increased flooding, extreme heat and growing storm intensity.

  • Climate Change Puts Availability of Vital Renewable Energy Source at Risk

    Climate change is putting the availability of biomass fuels and technologies – vital alternatives to fossil fuels – at risk, according to new research. The study has found that as temperatures rise, the window of opportunity to maximize the use of biomass from plants, wood and waste as a renewable energy source and an alternative to petrochemicals is closing.

  • Parched California prepares for first-ever Colorado River Cuts

    An emerging deal would cut water deliveries to Southern California — but fall far short of federal demands.

  • Antarctica’s Thwaites Glacier Retreat Faster than Expected – with Spine-Chilling Consequences

    The Thwaites Glacier in West Antarctica – about the size of Florida — is already in a phase of fast retreat leading to widespread concern about exactly how much, or how fast, it may give up its ice to the ocean. The potential impact of Thwaites’ retreat is spine-chilling: a total loss of the glacier and surrounding icy basins could raise sea level from three to ten feet.