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Corporate America Is Getting Ready to Monetize Climate Change

           

A highway stands immersed in floodwaters from Hurricane Harvey in West Columbia, Texas, on Aug. 30.  Photographer: Luke Sharrett/Bloomberg

CLICK HERE - CDP - Company Scores

bloomberg.com - by Christopher Flavelle - January 22, 2019

Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme parks will get too hot for vacationers, while AT&T Inc. fears hurricanes and wildfires may knock out its cell towers.

The Coca-Cola Co. wonders if there will still be enough water to make Coke.

As the Trump administration rolls back rules meant to curb global warming, new disclosures show that the country’s largest companies are already bracing for its effects. The documents reveal how widely climate change is expected to cascade through the economy -- disrupting supply chains, disabling operations and driving away customers, but also offering new ways to make money.

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Study of Antarctic Sea Ice Collapse Warns of Potential 10-Foot Sea Rise

           

PACK ICE MELTING IN SPRING IN ANTARCTICA'S WEDDEL SEA. CREDIT: PLANET OBSERVER/UNIVERSAL IMAGES GROUP VIA GETTY IMAGES

The faster the ocean warms, the faster key Antarctic glaciers will disintegrate.

CLICK HERE - STUDY - Four decades of Antarctic Ice Sheet mass balance from 1979–2017

thinkprogress.org - by Joe Romm - January 15, 2019

A stunning new study on Antarctic sea ice collapse greatly raises the risk of a 10-foot sea level rise this century if President Donald Trump’s climate policies aren’t quickly reversed.

Warming ocean waters drove a 6-fold increase in annual ice mass loss from the Antarctic ice sheet between 1979 and 2017, according to a new study in the Proceedings of the National Academy of Sciences.

It’s been known for a while that the West Antarctic Ice Sheet (WAIS) was unstable and collapsing at an accelerating rate due to global warming. But the new study finds that parts of the vastly larger East Antarctic Ice Sheet (EAIS) are also disintegrating.

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California Utility Firm Suspected of Starting Deadly Wildfires Goes Bankrupt

           

A firefighter battling the Camp fire, which became California’s deadliest in history. Photograph: Noah Berger/AP

Pacific Gas and Electric, which supplies 16 million residents, is under investigation for its role in the Camp fire and others

theguardian.com - by Vivian Ho - January 14, 2019

The utility company that services more than a third of California announced on Monday it plans to file for bankruptcy by the end of the month. Several deadly wildfires believed to have been caused by the company left it with potential liabilities of at least $30bn.

The board of directors of Pacific Gas and Electric (PG&E) has determined that the move “is ultimately the only viable option to restore PG&E’s financial stability to fund ongoing operations and provide safe service to customers”, the San Francisco-based company stated in a filing at the Security and Exchange Commission.

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'Climate Grief': The Growing Emotional Toll of Climate Change

           

The Delta Fire rages in Shasta-Trinity National Forest in California on Sept. 6.  Noah Berger / AP file

nbcnews.com - by Avichai Scher - December 24, 2018

 . . . The increasing visibility of climate change, combined with bleak scientific reports and rising carbon dioxide emissions, is taking a toll on mental health, especially among young people, who are increasingly losing hope for their future. Experts call it “climate grief,” depression, anxiety and mourning over climate change.

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More Than 300 Local Officials From 40 States Call For Green New Deal, End Of Fossil Fuels

           

Workers install solar panels.  Associated Press

The open letter includes a signature from a former high-level Mobil Oil executive.

CLICK HERE - Elected Officials to Protect America - Empowering lawmakers to act boldly on climate

huffingtonpost.com - by Alexander C. Kaufman - December 14, 2018

In a little over a month, the so-called Green New Deal has won endorsements from more than three dozen sitting or incoming federal lawmakers as Rep.-elect Alexandria Ocasio-Cortez (D-N.Y.) makes a high-profile bid to shift debate over climate change toward policy on the scale of the crisis. 

On Friday, the effort got a boost from 311 state and local officials.

Forty-four mayors, 63 county and state legislators and 116 city council members were among the officials from 40 states ― including some top oil and gas producers ― who signed an open letter issuing a sweeping, full-throated call for the phaseout of fossil fuels and adoption of Green New Deal-style climate policies.

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New Report Strengthens Economic Case for Flood-Prepared Infrastructure

           

Hurricane Floyd submerged the Greenville, North Carolina, water treatment plant in 1999. Following that event, the city used a federal grant to construct a berm and pumping station to protect the plant.  Dave Gatley/Federal Emergency Management Agency

Mitigation projects yield positive return on investment in coastal, inland states

CLICK HERE - REPORT - Natural Hazard Mitigation Saves: Utilities and Transportation Infrastructure (122 page .PDF report)

pewtrusts.org - by Forbes Tompkins - November 20, 2018

From elevating roadways in Nebraska to moving wastewater treatment plants away from flood plains in Iowa, proactive measures before flooding can provide a major return on investment, according to a new report from the National Institute of Building Sciences (NIBS). The report, “Natural Hazard Mitigation Saves: Utilities and Transportation Infrastructure,” provides analysis and key examples that underscore the benefits of investing in mitigation measures.

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Hurricane Preparedness - Information Resources

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AN EXPANDING LIST OF INFORMATION RESOURCES FOR HURRICANE PREPAREDNESS . . .

National Hurricane Center - Active Tropical Cyclones
http://www.nhc.noaa.gov/cyclones/

National Hurricane Center - Atlantic 5-Day Graphical Tropical Weather Outlook
http://www.nhc.noaa.gov/gtwo.php?basin=atlc&fdays=5 

West Antarctic Ice Melt Poses Unique Threat to U.S.

           

Sea level rise contributions from ice melt in different areas, including Greenland (a), West Antarctica (b), East Antarctica (c) and median of global glaciers (d). Values are ratios of regional sea level change to global mean sea level change. Adapted from Kopp et al. 2015.

axios.com - by Andrew Freedman - June 14, 2018

News of Antarctica's accelerating ice melt garnered worldwide headlines yesterday, as scientists revealed that 3 trillion tons of ice has been lost to the sea since 1992 — mostly from the thawing West Antarctic Ice Sheet and Antarctic Peninsula.

Why it matters: The location of the ice melt is important for determining the future of coastal communities, according to climate scientists. And, due to West Antarctica melting, it turns out that the U.S. coastline will be hit extra hard . . .

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Hurricanes Are Strengthening Faster Than They Did 30 Years Ago

                   

A new study found that hurricanes intensify more quickly now than they did 30 years ago. Hurricanes from 2017 like Irma (center), and Jose (right) are examples of these types of hurricanes. Hurricane Katia is seen on the left.  (Photo: NOAA)

usatoday.com - by Doyle Rice - May 10, 2018

With the start of hurricane season just three weeks away — and memory of last year's disastrous storms still fresh — scientists reported that powerful hurricanes are strengthening faster than they did 30 years ago.

Four of the monster hurricanes last year (Harvey, Irma, Jose and Maria) all intensified rapidly — when the maximum wind speed increases at least 29 mph within 24 hours . . .

 . . . According to a study out this week, the main cause appears to be a natural climate phenomenon that warms the seawater where hurricanes typically intensify in the Atlantic.

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