 | President Bush Calls for Long-Term Global Goal to Reduce Greenhouse Gas Emissions
May 31, 2007 – President Bush has called on 15 major nations to agree that by the end of 2008 they will develop a framework for reducing greenhouse gas emissions globally. The announcement is being viewed as the strongest statement yet from the Bush Administration on curbing GGEs when the Kyoto Protocol ends in 2012. more... |
| AIG Global Investment Group Signs Agreement to Invest in Climate Mitigation Company
May 31, 2007 – AIG Capital Partners, Inc., a member company of AIG Global Investment Group, has agreed to become a significant investor in London-based Sindicatum Carbon Capital Ltd., a principal financier/developer of greenhouse gas abatement projects globally. more... |
| New Technique Provides 3-D View of Approaching Hurricanes
May 17, 2007 -- Forecasters will test a new technique this summer that provides a detailed 3-D view of an approaching hurricane every six minutes and allows them to determine whether the storm is gathering strength as it nears land. The technique, developed by researchers at the National Center for Atmospheric Research (NCAR) and the Naval Research Laboratory (NRL), relies on the existing network of Doppler radars along the Southeast coast to closely monitor hurricane winds. more... |
| Municipalities Should Create Chief Risk Officers, Swiss Re Chairman Says
May 16, 2007 – Municipalities should consider creating the post of chief risk officer to work with the private sector on handling climate change and other risks, Roger Ferguson, chairman of Swiss Re America, told the Large Cities Climate Summit meeting in New York City. Ferguson added that while the insurance industry is able to manage many of the risks associated climate change, other areas are best approached with joint efforts and public-private partnerships. more... |
| Citi Targets $50 Billion Over 10 Years to Address Global Climate Change
May 8, 2007 – Citi has announced that it will direct $50 billion over the next 10 years to address global climate change through investments, financings and related activities to support the commercialization and growth of alternative energy and clean technology among the clients and markets it serves, as well as within its own businesses and operations. more... |
| AIR Worldwide Collaborates with FIU to Enhance Understanding of Hurricane Vulnerabilities
May 7, 2007-AIR Worldwide Corporation (AIR) announced today that it has collaborated with the International Hurricane Research Center (IHRC) and the College of Engineering and Computing at Florida International University (FIU), and will fund the installation of the "AIR Turntable" for the "RenaissanceRe Wall of Wind" (WOW) hurricane simulator. The AIR Turntable is a computer controlled, mechanical platform which will be used to better evaluate extreme wind loading conditions by facilitating the testing of buildings at different angles of attack. The AIR Turntable will be programmed to simulate directionality-change effects on test structures. more... |
| New House Committee Holds Hearing on Insurance and Climate Change
May 3, 2007 – The newly established U.S. House Select Committee on Energy Independence and Global Warming heard testimony from witnesses on the effects that climate change is having on the insurance industry. The witnesses included John B. Stephenson of the General Accountability Office, whose agency last week released a report that criticized the National Flood Insurance Program and Federal Crop Insurance Program for not doing more to prepare for more extreme weather events. The other witnesses were Washington State Insurance Commission Mike Kreidler and Frank Nutter, president of the Reinsurance Association of America. more... |
 | UN Panel Urges Countries to Curb Greenhouse Gas Emissions, Seek Alternative Energy Sources
May 4, 2007 -- The Intergovernmental Panel on Climate Change, meeting in Bangkok, Thailand, has produced its third report of the year, this report urging countries to expand adoption of existing policies to reduce greenhouse gas emissions and to increase research seeking new energy options, including solar and nuclear power. more... |
