Winter weather in US Northeast leads to thousands of flight delays, cancellations
Winter weather in US Northeast leads to thousands of flight delays, cancellations Read More »
Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, which has been conducting so-called top-down analyses for such risks since 2023, is now broadening
Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather Read More »
A working paper from three well-known economists shows the impacts of global warming and particularly extreme weather on the budgets of American households is up to $900 per year. The paper was authored by former Treasury Department officials Kimberley Clausing, an economist at UCLA, Catherine Wolfram, an economist at the Massachusetts Institute of Technology, and
Climate Change, Weather Impacts on Household Budgets Up to $900 Yearly Read More »
The EU is launching a service to measure the role climate change is playing in extreme weather events like heatwaves and extreme rain, and experts say this could help governments set climate policy, improve financial risk assessments and provide evidence for use in lawsuits. Scientists with the EU’s Copernicus Climate Change Service told Reuters the
Europe to Launch Service to Measure Role of Climate Change in Extreme Weather Read More »
Soaring temperatures are killing nearly 550,000 people around the world each year, part of a heat death toll that’s climbed more than 20% on a population-adjusted basis since the 1990s, according to the latest edition of the Lancet’s annual report on climate and health. “That’s approximately one heat-related death every minute throughout the year,” says
Hot Weather Is Killing More Than Half a Million People a Year Read More »
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica, causing at least 33 deaths and almost $8 billion in damage. Now a weakened Category 1
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe Read More »
Time was when Chris and Kathy Perry, both 63, dreamed of retiring somewhere coastal. Maybe they’d relocate to Cape Cod, where they’d enjoyed many a family vacation. Or Maine, where their sons now live. “Being near water has always been important to us,” says Kathy Perry, a teacher in Katonah, N.Y. “We love kayaking, taking
Protect Your Retirement From Extreme Weather Events Read More »
Hurricane Erin is muddling computer models and making forecasters, analysts and traders question the accuracy of the outlook for heat, wind and storms across Europe next week. Erin, which churned through the Atlantic 330 kilometers (205 miles) off the North Carolina coast on Thursday,is set to create atmospheric ripple effects that could amplify heat and
Hurricane Erin Is Disrupting Both Europe’s Weather and Forecasts Read More »