Climate Change

Candidates Back Bill To Test Whether Banks Can Withstand Climate Risk

"The Great Recession put millions of homeowners underwater on their mortgages. Since then, the Congress has required periodic “stress tests” on large financial institutions to see whether they could withstand another economic blow."

Source: Washington Post, 11/21/2019

Cities Test a Tough Climate Risk Strategy: Saying ‘No’ to Developers

"Glimpsed from a kayak on West Neck Creek, this swampy piece of land, a pocket of red maple and loblolly pine tucked behind growing subdivisions, doesn’t look like the stuff of existential debate. But this is where Virginia Beach, squeezed between the clamor for new housing and the relentlessness of flooding worsened by climate change, decided to draw its line in the mud."

Source: NY Times, 11/20/2019

"Oakland’s War Over a Coal Export Terminal Plays Out in Court"

"The export war between Western coal-producing states that want their coal to reach new markets and Pacific Coast states that don't want the pollution or climate consequences of shipping it played out in a federal appeals court on Tuesday. This time, the fight was over land near the Port of Oakland, California."

Source: InsideClimate News, 11/19/2019

Calif. to Stop Buying From Automakers That Backed Trump on Emissions

"California’s government has hit back at automakers that sided with President Trump over the state on fuel efficiency standards, saying Sacramento will halt all purchases of new vehicles from General Motors, Toyota, Fiat Chrysler and other automakers that backed stripping California of its authority to regulate tailpipe emissions."

Source: NY Times, 11/19/2019

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