Tag Archives: Climat

Published at the Yale School of Forestry & Environmental Studies – January the 8th 2019 Natural disasters caused $160 billion in economic damage worldwide in 2018, dominated by costly wildfires in California and tropical storms in the United States and Asia, according to a new report from the reinsurance giant Munich Re. California’s Camp and Woolsey fires alone caused losses of $21.7 billion, $16.5 billion of which was insured. Overall, insurance companies paid out $80 billion in claims for damage from natural disasters last year, down from 2017’s $140 billion, but double the 30-year average. California’s wildfires accounted for nearly one in every $4 insurance companies paid out in disaster claims in 2018, Reuters reported. “Losses from wildfires in California have risen dramatically in recent years,” Ernst Rauch, the chief climatologist at Munich Re, said in a statement. “At the same time, we have experienced a significant increase in hot, dry…

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On late Tuesday, the California Assembly passed a bill requiring 100 percent of the state’s electricity to come from carbon-free sources by the end of 2045. This puts one of the world’s most aggressive clean-energy policies on track for the governor’s desk. Movin’ on up: The new bill also moves up the state’s earlier time line to reach 50 percent renewables from 2030 to 2026. But notably, California regulators have said the state’s major utilities could reach that milestone as early as 2020. This underscores the rapid pace at which the energy transformation has unfolded since the state put its renewable standards in place in 2002. The testing grounds: California is acting as a test bed for what’s technically achievable, providing a massive market for the rollout of clean-energy technologies and building a body of knowledge that other states and nations can leverage, says energy economist Severin Borenstein. “We are…

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