Climate Change

Home Insurance Likely To Be a 2024 Climate Story Near You

In the first of a two-parter for our 2024 Journalists’ Guide to Environment & Energy, TipSheet looks at what climate-driven disasters mean for the home insurance market. Storms, floods and fire rip through communities, yet a federal insurance program falls short, lawmakers shy away from real reform and insurers grow hesitant to cover the risks, while homeowners often attempt to rebuild in the same problematic locales. Plus, see part two on extreme weather and insurance.

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"New Technology Uses Good Old-Fashioned Wind To Power Giant Cargo Vessels"

"Well over a century after the Age of Sail gave way to coal- and oil-burning ships, climate change concerns are prompting a new look at an old technology that could once again harness wind to propel commercial cargo ships — this time with the goal of reducing greenhouse gas emissions."

Source: NPR, 10/06/2023

"The UAW Strike Is About the EVs"

"The current strike by the United Auto Workers against the Detroit carmakers is, in part, about the transition to electric vehicles. A key union demand—in addition to a 40 percent wage increase, endorsed last week by President Biden when he joined a UAW picket line—is job security for union members as the auto industry reshapes itself."

Source: Sierra, 10/06/2023

"Climate Change Is a Key Obstacle for New York City’s Transit System"

"Transit officials in New York on Wednesday released a list of the system’s most pressing needs that ranks contending with climate change among the top priorities for the subway and bus network, which was paralyzed last week by a torrential storm."

Source: NYTimes, 10/06/2023

Pope Urges Leaders At UN Talks To Slow Global Warming Before It’s Too Late

"Pope Francis shamed and challenged world leaders on Wednesday to commit to binding targets to slow climate change before it’s too late, warning that God’s increasingly warming creation is fast reaching a “point of no return.”"

Source: AP, 10/05/2023

"Flood Threats Are Rising. Here’s Where People Are Moving Into Harm’s Way."

"Worldwide, humans now occupy more than twice as much land in flood-prone areas as they did four decades ago, according to a new study in the journal Nature. The findings highlight the degree to which rapid development along coasts and in floodplains has increased the need for disaster preparedness around the globe."

Source: NYTimes, 10/05/2023

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