There have been 23 weather extreme events in America that cost at least $1 billion this year through August, breaking the record of 22 set in 2020.
Caroline and Paul Mosterman have seen their share of unusual weather in four-plus decades of farming. But nothing comes remotely close to what they experienced in November 2021 when their Sumas Prairie farm was inundated by floodwater. Because the couple farmed on a floodplain, they had no flood insurance. So, when their farm buildings, blueberry
Deloitte’s new Global Turning Point Report finds that unchecked climate change could cost the global economy US$178 trillion over the next 50 years, unless global leaders unite in a systemic net-zero.
Four catastrophic weather events this summer caused a combined total of over $7 billion in insured losses, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).
The global cost of greenhouse gas emissions are nearly double what scientists previously thought, according to a study published Thursday by researchers at the University of California San Diego’s Scripps Institution of Oceanography. It is the first time a social cost of carbon (SCC) assessment—a key measure of economic harm caused by climate change—has included […]
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