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New Federal Report Warns of Financial Havoc From Climate Change

WASHINGTON — A report commissioned by federal regulators overseeing the nation’s commodities markets has concluded that climate change threatens U.S. financial markets, as the costs of wildfires, storms, droughts and floods spread through insurance and mortgage markets, pension funds and other financial institutions.

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Damage from whopper hurricanes rising for many reasons

 ...America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura, which is menacing the U.S. Gulf Coast, because of a combination of increased coastal development, natural climate cycles, reductions in air pollution and man-made climate change, experts say.

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Tough Summer for the Power Grid. But the Microgrids are Working

The Ameren microgrid. S&C Electric

microgridknowledge.com - by Elisa Wood - August 2, 2019

Severe heat and storms across the US this summer have strained the electric grid and caused extensive power outages. But the microgrids are working.

Consider the following examples . . .

(CLICK HERE - READ COMPLETE ARTICLE)

 

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NY Times: Did Exxon Deceive Its Investors on Climate Change?

In an OP-ED in the New York Times, the director of the Rockefeller Family Fund states that EXXON systematically lied to the public and to its stockholders about the risks of climate change and EXXON's major contributions to the catastrophic damage climate change will inflict on humanity and on biodiversity.  
 
 To read the complete article, see:

https://www.nytimes.com/2019/10/21/opinion/exxon-climate-change.html

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Across the Globe, Millions Join Biggest Climate Protest Ever

           

Greta Thunberg addresses thousands of demonstrators in New York. Photograph: Lucas Jackson/Reuters

Young and old alike took to the streets in an estimated 185 countries to demand action

theguardian.com - by Sandra Laville and Jonathan Watts - September 20, 2019

Millions of people demonstrated across the world yesterday demanding urgent action to tackle global heating, as they united across timezones and cultures to take part in the biggest climate protest in history.

In an explosion of the youth movement started by the Swedish school striker Greta Thunberg just over 12 months ago, people protested from the Pacific islands, through Australia, across-south east Asia and Africa into Europe and onwards to the Americas . . .

 . . . Trade unions representing hundreds of millions of people around the world mobilised in support, employees left their workplaces, doctors and nurses marched and workers at firms like Amazon, Google and Facebook walked out to join the climate strikes . . . 

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Fracking Causing Rise in Methane Emissions, Study Finds

           

The boom in fracking for shale gas has dramatically increased global methane emissions. Photograph: Andrew Burton/Getty Images

CLICK HERE - STUDY - Ideas and perspectives: is shale gas a major driver of recent increase in global atmospheric methane?

Researchers say boom in shale oil and gas major contributor to climate emergency

theguardian.com - by Jillian Ambrose - August 14, 2019

The boom in the US shale gas and oil may have ignited a significant global spike in methane emissions blamed for accelerating the pace of the climate crisis, according to research . . .

. . . Researchers had previously assumed the “non-traditional” methane was from biological sources such as cows and wetlands, but the latest research suggests unconventional oil and gas from fracking may be playing a significant part.

The theory would support a correlation in the rise of methane in the atmosphere and the boom in fracking across the US over the last decade . . .

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Scientists Predict Climate Change Will Make Dangerous Heat Waves Far More Common

CLICK HERE - RESEARCH - Killer Heat in the United States: Climate Choices and the Future of Dangerously Hot Days (2019)

CLICK HERE - PAPER - Increased frequency of and population exposure to extreme heat index days in the United States during the 21st century

time.com - by Jamie Ducharme - July 16, 2019

People all across the U.S. have been sweating through heat waves this summer, and new research suggests they should get used to it.

Over the next century, climate change will likely make extreme heat conditions—and their concordant health risks—much more frequent in nearly every part of the U.S., according to a paper published in the journal Environmental Research Communications. By the end of the century, it says, parts of the Gulf Coast states could experience more than 120 days per year that feel like they top 100°F.

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