Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet Yellen will warn on Tuesday.
Federal Reserve Chair Janet Yellen
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Nov
21
2024
Extreme weather cost $2tn globally over past decade, report finds
by Ajit Niranjan in The Guardian…US suffered greatest economic losses, report commissioned by International Chamber of Commerce finds, followed by China and...
Oct
31
2024
Insurable losses from natural disasters – how have the numbers changed over the years?
by Terry Gangcuanco in Insurance Business Magazine….Canadian insurtech MyChoice has released a new study showing a sharp rise in insurable losses linked to...
Aug
22
2024
Chartbook 310 The shock of the new: Dollar dominance and modern monetary macro in the 1920s. (Hegemony note 5)
by Adam Tooze in Chartbook…The denaturing of the gold standard and the emergence of the new field of monetary macroeconomics combined to pose the question of...
Aug
10
2024
The ‘perfect storm’ of climate risks that is sinking your net worth
by Andrew Behar in Impactalpha…If we don’t all wake up – as a nation – to climate risk, homeowners will soon literally and financially be underwater.
Aug
01
2024
Food as you know it is about to change
by David Wallace-Wells in The New York Times…It can be tempting, in an age of apocalyptic imagination, to picture the most dire future climate scenarios: not just...
Aug
01
2024
Why shifting from prediction to foresight can help us plan for future disruption
by Roger Spitz in World Economic Forum…As the world becomes more complex, foresight methodologies account for a greater set of possible futures. Scenario...
Jul
25
2024
Paraphilanthropy: Giving money its freedom papers
by Bayo Akomolafe….What addressing philanthropy’s colonial legacies asks of this moment.
Jul
25
2024
The status of U.S. oil production: 2024 update everything shines by dimming
by Roger Blanchard in Resilience.org…The fact that U.S. oil production reached a very high level in 2023 and that so much of the production came from Texas made...
Jul
25
2024
A big solar company may be collapsing
by Alana Semuels in Time….One of the largest residential solar installers in the U.S. appears to be on the cusp of failing, the latest sign of the troubled...
Jul
13
2024
Is there a future in the doomsday economy?
by Alexander Nazaryan in The New York Times….With Fortitude Ranch, the entrepreneur Drew Miller is betting on franchised timeshares for people who are worried...