News

University of Alaska Fairbanks spearheads $13.9 million study on climate change's impact on Western - Alaska's News Source

Alaska's News Source · last updated

University of Alaska Fairbanks spearheads $13.9 million study on climate change’s impact on Western

The University of Alaska Fairbanks is spearheading a study that will look into climate change’s impact on Western Alaska.

Updated: Oct. 12, 2023 at 11:08 PM AKDT

Channel 2 News Late Edition

Updated: Oct. 10, 2023 at 8:20 PM AKDT

Updated: Oct. 10, 2023 at 6:30 PM AKDT

As deadly conflict rages between Israel and Hamas, the after-effects of Hamas' weekend assault are reverberating around the globe -- and here in the U.S. The violence has rattled global oil markets and sparked new urgency on Capitol Hill. Our Washington Correspondent Peter Zampa brings us President Biden's message regarding the war, as well as other major headlines coming out of the Nation's capitol.

Updated: Oct. 5, 2023 at 6:30 PM AKDT

News at 6:30

Updated: Oct. 5, 2023 at 4:59 PM AKDT|

By Dave Allgood

The Volunteers of America, Alaska is hosting a fall festival Sunday, Oct. 8 from noon to 3 p.m. VOA provides well being services for young Alaskans. D.J. Tyson with the organization came in to talk with Alaska's News Source's Dave Allgood about their mission, and what to expect at the festival.

Related Knowledge Center: Climate economics

State of Play

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Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics