Tornado Alley may be moving east, placing billions in business and supply chains at riskThe cluster of deadly storms that slammed the U.S. last weekend is the latest sign that tornado activity has waned in the Great Plains — historically known as "Tornado Alley" — while picking up in the southeastern U.S., a manufacturing-rich region… Dec 14 21December 14, 2021Article at CBS News
Here's what every degree of heat rise could do to the global economyEven the most promising solutions to climate change often run smack into the challenge of how to pay for them. As the United Nations' COP26 summit kicks off in Scotland on Sunday, questions about whether poorer countries can afford to reduce their… Oct 28 21October 28, 2021Article at CBS News
A quarter of the nation's roads in peril against flooding, report on infrastructure risk saysAlmost a quarter of the nation's roads and other critical infrastructure — from hospitals to police and fire stations to wastewater treatment plants — are at risk of becoming overcome by climate change-exacerbated flooding, a new report from the… Oct 11 21October 11, 2021Article at CBS News
Water, water, everywhere: U.N. report warns of global water crisis amid climate changeThe world is woefully underprepared for water-related disasters as floods, hurricanes and droughts intensify with climate change, the United Nations' weather agency said in a new report released this week. Global water management is "fragmented and… Oct 07 21October 07, 2021Article at CBS News
In the U.S., only the wealthy can afford to live near rising seasHurricane Ida now ranks as one of the costliest ever U.S. storms, with its toll estimated at $100 billion and 82 deaths — a stark reminder of the heightened risk of flooding due to climate change. Yet coastal real estate at risk of inundation is… Oct 01 21October 01, 2021Article at CBS News
America's price tag for two decades of war: $5.8 trillionAs America ends two decades of conflict in Afghanistan, the full financial tab is coming into view. Since the September 11 attacks nearly 20 years ago, the U.S. will have spent $5.8 trillion waging war in Afghanistan, Iraq, Pakistan and Syria by the… Sep 01 21September 01, 2021Article at CBS News
Drifting smoke from megafires hurts economies far beyond their flamesEven if you don't live near any of the recent megafires burning in the U.S. West and around the globe, chances are you've experienced some of the environmental fallout as a result of the wildfires — even from hundreds of miles away. Smoke from fires… Aug 12 21August 12, 2021Article at CBS News
More companies are citing water scarcity as a financial risk in regulatory filingsAs climate change stokes extreme weather events like droughts, flooding and wildfire, another concern is emerging for companies and their investors: the cost and dwindling supply of water. More companies are listing water security and scarcity among… Jul 22 21July 22, 2021Article at CBS News
Why climate change threatens your retirement savingsAs climate change worsens extreme weather events like the record-breaking heat in the Pacific Northwest last month, another concern looms — that the impact on companies from global warming could incinerate people's retirement savings. Pensions and… Jul 15 21July 15, 2021Article at CBS News
How heat waves can scorch the U.S. economyThe triple-digit temperatures roasting the Pacific Northwest under a lingering heat dome are also starting to hurt the region's economy. In Portland, Oregon, temperatures forced the city's streetcar system to shut down as power cables melted and the… Jun 29 21June 29, 2021Article at CBS News
Companies face growing pressure to disclose their climate change risksHow can you tell if climate change represents a big financial risk for a business or your investments? For now, Wall Street's top regulator doesn't offer much help. That's because there are no set rules for what companies must disclose to the… Jun 25 21June 25, 2021Article at CBS News
15 million U.S. homes are at risk of flooding — 70% higher than FEMA estimatesThink the risk of your home filling up with floodwater, magnified these days by climate change, is only an issue near the coasts and rivers? New research detailing nearly every corner of the U.S. shows otherwise. Researchers from Brooklyn-based… Jun 30 20June 30, 2020Article at CBS News
What does it cost to flush a toilet?President Donald Trump's claim during a White House gathering last week that Americans waste water by repeatedly flushing their low-flow toilets generated plenty of amusement online. But behind his comments, which noted that the Environmental… Dec 11 19December 11, 2019Article at CBS News
The 100 most expensive ZIP codes for housing in the U.S.The town of Atherton, California, is nestled in Silicon Valley and is home to, as The Guardian recently put it, "enough Titans of the Tech industry to field a polo team." It also sports the most expensive homes in the U.S., with a median sales price… Nov 22 19November 22, 2019Article at CBS News
As tariffs soar, retailers wrestle with raising pricesThe U.S. collected a record $7 billion in tariffs in September. A round of U.S. tariffs on Chinese imports, including many consumer goods, began on September 1. Some retailers say they have no choice but to pass on part of those costs to… Nov 08 19November 08, 2019Article at CBS News
5 U.S. industries hit hardest by Trump's latest China tariffsMore than $100 billion of about $300 billion in new U.S. tariffs on Chinese imports took effect this week, with the rest due to hit in December. By year's end, nearly every good imported from China will be taxed by the U.S. government — about $550… Sep 02 19September 02, 2019Article at CBS News
Water costs are rising across the U.S. — here's whyAmericans this year will pay an average of $104 per month in water and wastewater bills, up more than 30% in less than a decade. Water and sewer bills, which are rising faster than inflation, increased for an eighth consecutive year in a study of the… Aug 27 19August 27, 2019Article at CBS News
As U.S.-China trade war flares, American farmers fretChina said it is halting new purchases of U.S. soybeans and other agricultural products after President Trump vowed last week to impose new tariffs on Chinese goods starting in September. U.S. farm exports to China dropped to $9.1 billion in 2018,… Aug 06 19August 06, 2019Article at CBS News
Soil to soil? Washington is the first state to legalize composting bodiesWashington state is the first to legalize composting as an alternative to casket burial or cremation. Cost is estimated at $5,500, more than typical cremation, but less than a traditional casket burial. The law passed with wide bipartisan support,… May 27 19May 27, 2019Article at CBS News
In climate change fight, few global cities get an "A"A new ranking of cities' plans to combat climate change finds only 43 of nearly 600 cities around the world now earn a top "A" rating. North America is home to 24 of the cities making an "A" grade. The new data comes at a time of great global urgency… May 15 19May 15, 2019Article at CBS News
