Climate Change, Soaring Flood Insurance Could Trigger A Mortgage Crisis
"Flood insurance is sold as protection from climate change. As costs rise, it could push people from their homes instead."
"Flood insurance is sold as protection from climate change. As costs rise, it could push people from their homes instead."
"The Trump administration has unexpectedly halted a project to protect the New York City region from flooding during dangerous storms like Hurricane Sandy — a decision that came six weeks after President Trump took to Twitter to ridicule the study’s most expensive proposal, a giant sea wall that could have cost billions of dollars."
"JPMorgan Chase, one of the world’s biggest lenders to fossil fuel projects, announced Monday that it would curb loans to coal firms and bar the financing of oil and gas developments in the Arctic."
"The Alberta Court of Appeal has concluded the federal government’s carbon tax is an unconstitutional intrusion into provincial powers, handing Alberta a key victory in its battle with Ottawa over climate-change policies."
"Climate change could become a “catastrophic” threat to global security, as people lose their livelihoods, fall ill and battle over scarce water and food, a host of U.S. security, military and intelligence experts warned on Monday."
"Mike Bloomberg has donated hundreds of millions of dollars to environmental advocacy causes, but his campaign is coming under fire for a climate plan that lags far behind the other Democratic candidates for president."
"Cap and trade is on its way to the Senate floor in Oregon again — and Republicans are heading for the exits."
"The Colorado River’s average annual flow has declined by nearly 20 percent compared to the last century, and researchers have identified one of the main culprits: climate change is causing mountain snowpack to disappear, leading to increased evaporation."
In Part Two of our ongoing “Covering Your Climate: The Emerald Corridor” special report, we take a look at the impacts of climate change on the Pacific Northwest region — and how best to cover them. Our A-to-Z Guide explores 26 neglected angles and stories, plus resource links to get you started. And check out our inaugural backgrounder and watch in coming weeks for additional tipsheets and a toolbox.
"The most extreme risks of climate change can’t be ruled out -- including the collapse of human civilization, according to JPMorgan Chase & Co."