Quantcast

Latest Climate risk Stories

2014-06-24 08:22:56

Ex-Treasury Secretaries Shultz, Rubin and Paulson Join Bloomberg, Steyer and other Leaders Urging Industry to Better Understand Risks to Economy NEW YORK, June 24, 2014 /PRNewswire/ -- The American economy could face significant and widespread disruptions from climate change unless U.S. businesses and policymakers take immediate action to reduce climate risk, according to a new report released today. The report, "Risky Business: The Economic Risks of Climate Change in the United States,"...

2014-03-20 12:26:16

Withdrawal of Shareholder Proposal Seeking Disclosure on Stranded Carbon Assets Leads to Agreement with Largest U.S. Oil and Gas Producer NEW YORK, March 20, 2014 /PRNewswire-USNewswire/ -- In response to a shareholder resolution, ExxonMobil (XOM) - the largest U.S. energy company, for the first time ever has agreed to publish a Carbon Asset Risk report on the Company website describing how it assesses the risk of stranded assets from climate change. The report will provide...

2013-11-20 17:40:07

Maximizing returns on financial investments depends on accurately understanding and effectively accounting for weather and climate risks, according to a new study by the American Meteorological Society (AMS) Policy Program. The study also found that weather events create and exacerbate risks to financial investments by causing 1) direct physical impacts on the investments themselves, 2) degradation of critical supporting infrastructure, 3) changes in the availability of key resources, 4)...

2012-12-14 15:11:21

The insurance industry, the world's largest business with $4.6 trillion in revenues, is making larger efforts to manage climate change-related risks, according to a new study published today in the journal Science. "Weather- and climate-related insurance losses today average $50 billion a year. These losses have more than doubled each decade since the 1980s, adjusted for inflation," says the study's author Evan Mills, a scientist in Lawrence Berkeley National Laboratory (Berkeley Lab)'s...

2012-11-08 00:45:21

MIT researchers develop tool to assess regional risks of climate change, potential impacts on local infrastructure and planning. Climate scientists cannot attribute any single weather event – whether a drought, wildfire or extreme storm – to climate change. But extreme events, such as Hurricane Sandy, are glimpses of the types of occurrences the world could be more vulnerable to in the future. As the devastation left by Sandy continues to reverberate, decision-makers at every...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
Related