Climate change is already having an impact on companies around the world. Over half of the firms surveyed in a recent Morgan Stanley report experienced the climate’s impact on operations within the past year, including increased costs, worker disruption and […]
Tag: Heat
How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know
When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers […]
Heat Wave Threatens Power Output and Wildfires Across Europe
Europe’s heat wave is intensifying, fueling wildfires across the Mediterranean and threatening to curb electricity generation from both nuclear and hydropower plants. Temperatures in Spain are forecast to hit 39C (102F) on Wednesday, but could climb further to 42C next […]
NYC Heat Triggers Blackout as Soaring Temperatures Stress US Grids
Blistering heat is straining power grids across the eastern half of the U.S., leading to a blackout in part of New York City’s borough of Queens as the local utility issued a warning to conserve electricity. Consolidated Edison Inc. is […]
170M Americans to Feel Sweltering Heat, Dangerous Humidity
The first major heat wave of the year is expected to bring extreme heat, high humidity and dangerous outdoor working conditions to millions across the central and eastern U.S. over the weekend into next week. AccuWeather meteorologists say the heat […]
Forecasters Warn Several Years of Record Heat Expected
Get ready for several years of even more record-breaking heat that pushes Earth to more deadly, fiery and uncomfortable extremes, two of the world’s top weather agencies forecast. There’s an 80 percent chance the world will break another annual temperature […]