Blog: Extreme Weather
Funding Influx for Local Climate Tech Companies
Westborough-based Ascend Elements recently secured $542 million in venture investment. This substantial infusion of capital aims to accelerate the development of a colossal lithium-ion battery recycling factory in Kentucky.
Germany VS China E-Vehicle Rivalry
Chinese electric vehicles have undergone remarkable advancements, introducing products tailored for Western markets. The question arises: Are German car manufacturers falling behind in this electric race?
New EU law requires all mobile devices to have user-replaceable batteries by 2027
With more than 150 million smartphones being discarded each year, the newly enacted law, which mandates a 63% collection rate for device batteries by 2027, marks a significant stride in the realm of battery recycling. This regulation holds far-reaching implications for the global stage, emphasizing the increasing importance of sustainable practices in the electronics industry and beyond.
Florida's Home Insurance Crisis: Threatening Homes and Dreams
Average annual property insurance premiums in Florida surged to over $4,200 in 2022, three times the national average. For many homeowners these premiums are becoming unmanageable, forcing them to consider relocating.
Liberica Excelsa: A Climate-Resilient Coffee Variety Offering Hope Amidst Global Warming Threats
Ugandan Coffee Growers Find Beans Resilient to Climate Change
China's Climate Crisis: Grappling with Extreme Weather and Urgent Consequences
China is grappling with the dual threats of extreme heat and devastating floods this summer, and the consequences of these climate-related events are reaching far beyond the affected regions.
Climate Change Impact: Soaring Home Insurance Costs Nationwide
The average cost of homeowners' insurance has surged to $1,900 a year nationwide, driven by climate risk, prompting insurers to reassess pricing models and leading to a 12 percent increase in premiums in 2022, with further rises anticipated.
Unlocking Savings and Climate Action: How the Inflation Reduction Act Helps Americans Go Green
The Inflation Reduction Act, a major climate and tax law, empowers American consumers to save thousands of dollars while combating climate change through incentives for electrifying transportation and implementing energy-efficient home improvements.
Climate Action: A Shield Against Rising Inflation and Global Impact
Climate action is a compelling solution to the global inflation challenge, highlighting the critical link between climate change and rising prices worldwide, emphasizing the need for a transition to renewable energy.
Brazil's Crucial Crossroads: Extreme Weather, Economic Losses, and Political Choices
Brazil's election outcome will shape its response to intensified extreme weather events and economic losses of $64 billion between 2013 and 2022.
Climate Change Drives Price Hikes in Tampons and Diapers
Climate change's impacts on inflation and essential goods are evident as the collapse of upland cotton crops in Texas drives price spikes for products like tampons, cloth diapers, and gauze pads in the US, making climate change a "secret driver of inflation" with potential global repercussions.
Crisis Continues: Global Food Prices Still High After Year of War, Vulnerable Countries at Risk
Amidst the aftermath of Russia's invasion of Ukraine, the global food crisis continues, with high food prices affecting vulnerable countries, demanding concerted efforts to prevent a prolonged crisis
Deadly Floods Devastate Farms in Pakistan, Imperiling Food Security
Amidst relentless rains and deadly floods, Pakistan faces a severe food security crisis, with vast farmlands submerged, crops destroyed, and livelihoods devastated.
Climate Change and Rising Expenses in Hurricane-Prone Florida
Climate change intensifies hurricanes and flooding in Florida, leading to soaring property insurance rates, high reinsurance costs for local insurers, increased reliance on state-backed coverage, the need for separate flood protection policies, and rising car insurance costs due to weather-related accidents.
La Nina: The $1 Trillion Weather Menace
Amidst a surge in extreme weather events driven by La Nina and amplified by climate change, the world faces a $1 trillion weather disaster problem, straining the global economy and exacerbating inflationary pressures.
Crisis in Ukraine: Impact on Food Prices and Inflation in the EU
Amidst Russia's invasion of Ukraine, the EU faces climate-driven challenges, including winter droughts and rising food prices, impacting agricultural sectors and exacerbating inflation.
Climate Change, Inflation, and the Ecological Transition: Understanding the Intricate Links for a Sustainable Future
Climate change drives up supply chain prices in Europe, impacting essential goods like food and energy.
CEOs Brace for Climatic Impact: Rising Costs in 2023 Blamed on Climate Change
CEOs foresee climate change intensifying high prices in 2023; PwC survey reveals growing concern among 4,400 global leaders.
Climate Change and Inflation: The Economic Impacts Unveiled
Experts, CEOs, and economists recognize the link between climate change and inflation as extreme weather events disrupt supplies, leading to surging prices in consumer items worldwide.
Climate-Driven Floods Spark 44.5% Inflation in Pakistan, Pushing Prices to Record Highs
Climate-driven floods in Pakistan lead to a staggering 44.58% increase in consumer item prices, exacerbating inflation, and causing widespread supply disruptions. The floods claim lives, submerge areas, and leave millions affected, underscoring the connection between extreme weather and climate change impacts.