Category: Global Warming

The California FAIR Plan Faces Crucial Insurance Test

The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.
Oil Tycoon Harold Hamm Throwing an Inauguration Day Party

Harold G. Hamm, the founder of the Oklahoma-based Continental Resources, and other oil and gas companies stand to profit from Donald Trump’s energy policies.
Constellation Energy to Buy Power Producer Calpine

Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity by the technology industry.
Exxon Sues California Official, Claiming He Defamed the Company

The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.
Why Coffee Prices Are Soaring (Again)

Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.
Residents Turn to Home Lifting In Response to the Threat of Flooding

As climate change intensifies, flooding is emerging as a threat for homes not previously seen as high-risk. Some residents are responding creatively by lifting up their homes.
Trump’s Plans to Scrap Climate Policies Has Unnerved Green Energy Investors

President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
Removing Carbon From the Sky Could Be the Next Climate Gold Rush

Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.
PG&E Secures $15 Billion Loan From U.S. Energy Department

The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.
One Ski Resort’s Long-shot Bet to Survive Low Snowfall and Devastating Wildfires

The closest ski hill to Los Angeles recently sold to an investment group with big plans. But can those ideas work amid catastrophic climate threats that continue to plague the mountain?
From the DealBook Summit: Influential People Share Their Insights

Industry leaders attending the conference were asked about artificial intelligence, the economy, international relations and more.
Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks

Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.