By Yoruk Bahceli, Dhara Ranasinghe, and Maria Martinez 16 October 2023 LONDON (Reuters) – Record debts, high interest rates, the costs of climate change, health, and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big, developed economies. A surge in government borrowing costs has put high debt in […]
By Amanda Jackson and Zoe Sottile30 September 2023 (CNN) – Water levels are so low at Canyon Lake in Texas that an underwater cave and remnants of communities that stood more than a century ago at the site are reappearing. The lake, located in Comal County just northeast of San Antonio, is a man-made lake spanning 8,200 acres with […]
By Jake Offenhartz, Jennifer Peltz, and Bobby Caina Calvan 29 September 2023 NEW YORK (AP) – Rain walloped the New York metropolitan area with a startling punch Friday, knocking out several subway and commuter rail lines, stranding drivers on highways, flooding basements and shuttering a terminal at LaGuardia Airport for hours in one of the […]
By Jacob Bogage 3 September 2023 (The Washington Post) – In the aftermath of extreme weather events, major insurers are increasingly no longer offering coverage that homeowners in areas vulnerable to those disasters need most. At least five large U.S. property insurers — including Allstate, American Family, Nationwide, Erie Insurance Group and Berkshire Hathaway — […]
RENO, Nevada, 3 September 2023 (AP) – Authorities in Nevada were investigating a death at the site of the Burning Man festival where thousands of attendees remained stranded Saturday night as flooding from storms swept through the Nevada desert. [Related: Carbon footprint of Burning Man: 27,000 tons of CO2 per year –Des] Organizers closed vehicular […]
By Andrew Freedman 24 August 2023 (Axios) – In a summer featuring countless heat domes and record-high temperatures and heat indices, the season appears to have saved the worst for last. The big picture: A sweltering, stagnant air mass is draped across the Central U.S., resulting in “dangerous,” “searing” and “brutal” heat. Meanwhile, southern Europe is also seeing another bout of […]
By Jason Ma 18 August 2023 (Insider) – Texas power prices soared 6,000% on Thursday as a fresh heat wave is expected to shatter temperature records in the coming days. Spot electricity prices jumped to $4,750 per megawatt-hour Thursday afternoon from the average of $75 on Wednesday afternoon, according to data from grid operator Electric […]
By Lisa Friedman 4 August 2023 (The New York Times) – During a summer of scorching heat that has broken records and forced Americans to confront the reality of climate change, conservatives are laying the groundwork for future Republican administration that would dismantle efforts to slow global warming. The move is part of a sweeping strategy dubbed […]
By Aryn Baker 3 August 2023 GEORGIA (TIME) – Just after dawn on a recent July day in Rochelle, Ga., Silvia Moreno Ayala steps into a pair of sturdy work pants, slips on a long-sleeved shirt, and slathers her face and hands with sunscreen. She drapes a flowered scarf over her wide-brimmed hat to protect […]
By Andrew Freedman 3 August 2023 (Axios) – The heat wave that just won’t quit is bringing dangerously hot conditions from the Southern Plains to parts of the Mississippi River Valley, Gulf Coast, and increasingly, the Southwest, through the weekend. The big picture: Heat alerts are in effect for about 70 million people from Georgia to Kansas, […]
