New report recommends strategies to prepare industry for a changing climate and economy – plus interview with Insurance Commissioner Lara
California’s insurance sector faces significant risks from climate change. These include both the transition risks facing all financial institutions as the global economy shifts toward decarbonization, and the singular combination of physical risks–wildfire, drought, coastal hazards, extreme heat—that threaten California’s communities and businesses. Accurately assessing these risks will be vital to ensuring the long-term viability …CONTINUE READING
A scenario exercise on unauthorized use of solar geoengineering
Note: This post is co-authored with Jesse L. Reynolds, who recently completed an Emmett Institute Geoengineering Governance Fellowship As the climate crisis grows more urgent, unconventional technological responses are getting increased attention and controversy. We’ve written previously on Legal Planet about these technologies and their promise and risks. The most high-stakes and controversial of these …CONTINUE READING
How much climate change will you see in your lifetime? How about your kids?
If you think about yourself and the two generations after you, a lot depends on your current age, whether you already have kids, etc. To keep this from getting too complicated, let’s focus on someone who was born in the US at the start of the millennium, in 2000. To simplify, I won’t specify gender …CONTINUE READING