California moves to allow insurance companies to factor in climate change risk - NBC News
California moves to allow insurance companies to factor in climate change risk
As Maui looks to rebuild, climate change and drought fears are top of mind 02:42
911 call reveals new details about the F-35 jet that went missing 01:53
- Now Playing California moves to allow insurance companies to factor in climate change risk 02:01
- UP NEXT
Beloved band director and chaperone killed in I-84 bus crash 01:40
Eagle Pass, Texas at center of growing U.S. border crisis 02:38
United Auto Workers expand strike against GM and Stellantis 02:15
Senator Bob Menendez indicted on bribery charges 03:18
Zelenskyy urges senators, Biden to send additional aid to Ukraine 02:02
Manhunt underway for convicted sex offender who escaped from St. Louis hospital 01:43
Five Amazon Flex drivers shot in four separate incidents: Report 03:17
Man rescued by Coast Guard after being lost at sea for nearly 40 hours 01:38
Rupert Murdoch steps down as chairman of Fox Corp. and News Corp. 01:56
Biden admin announces policy allowing nearly 500,000 Venezuelans to apply for work permits 04:12
At least 2 dead, over 40 injured in I-84 bus crash in New York 03:07
Garland testifies on Capitol Hill over office’s involvement in Trump and Hunter Biden cases 03:16
Northern Lights shined in full color blitz Monday night 01:11
Climate change scorching Greece, bringing extreme heat and devastating floods 02:47
New details emerge in FTC’s civil case against Amazon 02:01
Black high school student suspended for hairstyle in Texas 02:14
Questions linger over death of NFL fan at Patriots-Dolphins game 02:25
- Now Playing
- UP NEXT
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”