article thumbnail

Climate Change Is Driving an Insurance Crisis: Policymakers and Regulators Must Act

Union of Concerned Scientists

Accelerating risks from climate change are colliding with shortcomings in insurance markets—such as a lack of transparent information and affordability provisions—to create a perfect storm for people and communities on the front lines of floods, droughts, and wildfires. It also needs to address structural weaknesses in its insurance programs.’

article thumbnail

Soaring Insurance Rates Show Climate Change Is a Pocketbook Issue  

Union of Concerned Scientists

Policymakers and regulators must act quickly because the market is not going to solve this problem on its own, and its definitely not going to do it in a way that protects low- and middle-income people. State insurance regulators sought more than 70 data points. An anonymized subset of the data was shared with FIO.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Were 2023 and 2024 So Hot?

Union of Concerned Scientists

where 30,000-plus scientists gathered to present their latest research. The two leading theories to explain the record-breaking warmth are a reduction in tiny particles in the atmosphere called aerosols due to shipping fuel regulations that reduced sulfur oxide (SOx) emissions, or decreasing cloud cover. What is albedo?

2024 277
article thumbnail

Registration Is Open for the 2022 California Water Law Symposium

Legal Planet

The topic the Symposium’s student organizers have selected for this year–“Water Law and Drought”–couldn’t be more timely or important: According to hydrologists and climate scientists, California is currently in the midst of the most severe and protracted drought in 1500 years.

Law 130
article thumbnail

New Research Exposes How Canadian Banks are Undermining Climate Goals and Risking Client’s Money

Enviromental Defense

Canada cannot meet its climate targets while its banks are pushing the government to greenwash climate-related and financial-related policy. Our banks are promoting themselves as climate champions while lobbying against regulations that would accelerate climate action. Canadians are being misled.

article thumbnail

The IRA Made Huge Climate Investments in Rural Areas. Now, the Food and Farm Bill Must Maintain Them.

Union of Concerned Scientists

The Inflation Reduction Act is directing $20B toward climate-resilient agriculture Reducing heat-trapping carbon dioxide (CO 2 ) emissions through policies that drive renewable energy and clean transportation has well known benefits. And guess what has happened since then?

article thumbnail

What Happened During the Montana Youth Climate Trial

Legal Planet

Intergovernmental Panel on Climate Change. That the state official who oversees the permitting and regulation of all major energy projects in Montana could be ignorant of the UN body that has been issuing increasingly urgent assessments about global warming and climate data for 30 years is unbelievable and distressing.