U.S. insurance companies vulnerable to extreme weather, changing climate – 2012 drought expected to cost $20 billion

Contact: Peyton Fleming, fleming@ceres.org, 617-247-0700 x 120, 617-733-666020 September 2012 Worsening weather in a warming world poses a growing risk to the financial stability of insurance companies and has broad ramifications for the economy and society, according to a new report. Stormy Future for U.S. Property and Casualty Insurers: The Growing Costs and Risks of […]

New York is lagging as seas and risks rise, critics warn – ‘You can’t make a climate-proof city’

By MIREYA NAVARRO10 September 2012 With a 520-mile-long coast lined largely by teeming roads and fragile infrastructure, New York City is gingerly facing up to the intertwined threats posed by rising seas and ever-more-severe storm flooding. So far, Mayor Michael R. Bloomberg has commissioned exhaustive research on the challenge of climate change. His administration is […]

Carbon Disclosure Project: ‘Extreme weather events are causing significant financial damage to markets’

Contact: Lisa Lee, Director of Communications, CDP Headquarters, London +44 (0)7554 430 962 / +44 (0) 20 7415 7196 lisa.lee@cdproject.net Catherine von Altheer, Communications Manager, CDP Headquarters, London+44 (0) 7794 003 903 | +44 (0) 20 7970 5682 Catherine.vonAltheer@cdproject.net 12 September 2012 London – Following increasing incidents of extreme weather events which disrupted business operations […]

Japan draws curtain on nuclear energy – Critics call policy a ‘climate disaster’

By Tsuyoshi Inajima, Takashi Hirokawa, and Yuji Okada14 September 2012 Japan plans to scrap atomic power by the end of the 2030s, bowing to public pressure after the Fukushima nuclear disaster caused mass evacuations and left areas north of Tokyo uninhabitable for decades. The country’s first post-Fukushima energy policy approved today by Prime Minister Yoshihiko […]

Climate change challenges U.S. power plant operations

By Juliet Eilperin9 September 2012 BOULDER CITY, Nevada – Drought and rising temperatures are forcing water managers across the country to scramble for ways to produce the same amount of power from the hydroelectric grid with less water, including from behemoths such as the Hoover Dam. Hydropower is not the only part of the nation’s […]

North Korea says Typhoon Bolaven ‘brought big damage’, left 48 dead, displaced more than 20,000

3 September 2012 (BBC) – Typhoon Bolaven has killed 48 people in North Korea and left more than 50 others injured or missing, state-run KCNA news agency reports. The typhoon “brought big damage” to North Korea and displaced more than 20,000 people, it said. Hundreds of trees were felled and power cut. The North was […]

Twin typhoons raise fears in disaster-prone North Korea

By JEAN H. LEE, with additional reporting by Foster Klug30 August 2012 SEOUL, South Korea (AP) – Twin typhoons renewed fears of a humanitarian crisis in North Korea, where poor drainage, widespread deforestation and crumbling infrastructure can turn even a routine rainstorm into a catastrophic flood. Typhoon Bolaven struck the North on Tuesday and Wednesday, […]

Rising food prices in North Canada spark protest

26 August 2012 (CBC News) – People living in Canada’s far north are increasingly frustrated over the high cost of food. Protests were held in Nunavut Saturday to highlight rising prices. Sheila Katsak in Pond Inlet, Nunavut, said she spends about $60 a day to feed her family of five. Katsak said that doesn’t allow […]

Drought raises concern about Kansas nuclear plant

BURLINGTON, Kansas, 28 August 2012 (AP) – Drought conditions are draining a reservoir used to cool the Wolf Creek Nuclear Power Plant, but officials of the eastern Kansas plant say there are no worries about safety or the ability to provide electricity to customers. Hot, dry conditions across the state have lowered water levels at […]

World nuclear electric production peaked in 2006 and is already declining

By Gail the Actuary 27 August 2012 The issue of nuclear electricity is a complex one. In this post, I offer a few insights into the nuclear electric situation based on recent reports and statistical data. Nuclear Electric Production Is Already Declining According to BP’s Statistical Review of World Energy, the highest year of nuclear […]

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