Are we in the midst of a climate housing bubble?

May 28, 2024
Experts warn rising insurance costs could depress property values in risky areas.
Dave Burt at DeltaTerra Capital thinks the market is due for another correction, as homeowners in places with a growing risk of flooding and wildfire have to pay more for insurance.
Lauren Owens Lambert/AFP via Getty Images

Scientists hope to improve hurricane forecasting with new government investment

May 27, 2024
Forecasters are predicting an active, dangerous year of hurricanes.
Above, Sarasota Bay during Hurricane Ian in September 2022. The National Oceanic and Atmospheric Administration predicts that this year will have above-normal hurricane activity.
Sean Rayford/Getty Images

Safety net home insurance plans are becoming the only option for many in disaster-prone states

May 20, 2024
As private insurance companies retreat in states hit by climate-fueled disasters, safety net insurance plans are left to fill the gap.
At his two-acre property in San Diego County, Paul Felber gotten rid of much of the flammable vegetation bordering his home and spent more than $60,000 to harden it against wildfire. But home insurance companies weren’t impressed. In the last five years, the Felbers were dropped by two different companies.
Scott Rodd/KPBS

U.S. banks remain the world's largest funders of fossil fuels

May 16, 2024
Banks have invested trillions of dollars since the Paris Agreement went into effect.
JPMorgan Chase was the number one fossil fuel financier in the world last year, according to the 15th Banking on Climate Chaos report.
Chris Hondros/Getty Images

Nonprofits to receive billions of dollars for clean energy projects

Apr 5, 2024
$20 billion in grants and loans will be forthcoming from the Biden Administration. It's hoped this will attract private investment too.
At least 70% of recent federal funding for "green banks" is going to clean energy projects in low-income and disadvantaged communities.
Mario Tama/Getty Images

Most of the Colorado River's diverted water goes to agricultural uses, study finds

Apr 1, 2024
A whopping three quarters of the river's water that is used by humans goes to irrigation for farms and livestock, according to the journal Communications Earth & Environment.
Water flows from irrigation pipes for cattle grazing land near Whitewater, Colorado.
Patrick T. Fallon/AFP via Getty Images

Record heat, drought decimate Louisiana’s beloved crawfish season

Mar 15, 2024
Farmers are catching less than half of their normal haul. Restaurants are hiking prices for the tiny, lobster-like crustacean, which is threatening neighborhood traditions of gathering around a crawfish boil.
Andy DeGrange holds a batch of freshly boiled crawfish. One pound of his recipe sells for $19 this year, which is about twice as expensive as last year.
Matt Bloom

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SEC adopts rule making companies disclose climate risks

Mar 7, 2024
The rules are softer than those initially proposed.
New SEC rules are intended to standardize reporting requirements on things like emissions and exposure to climate change-related disasters.
Giles Clarke/Getty Images

Historic drought at the Panama Canal threatens global shipping

Mar 6, 2024
Many fewer vessels now traverse the canal daily. The water deficit is a global phenomenon that has been linked to climate change.
Water levels at the Panama Canal are among the lowest on record.
Courtesy Panama Canal Authority

Wetlands or housing? Climate change pressures shoreline development plans.

Dec 22, 2023
In California, a fight is brewing over whether to build middle-class homes or restore wetlands that could mitigate flood risk. 
The city of Newark, California, could move to restore wetlands instead of building hundreds of houses. The development could ease the housing shortage, but the land could mitigate flooding as the seas rise.
Courtesy Derell Licht