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news archives - december 2007

Reports

Aon Releases Annual Global Climate, CAT Report
December 31, 2007 – Aon has released its annual global climate and catastrophe report for 2007. It shows the world’s tropical activity was slightly below normal during the year of 2007, however, notable tropical storm systems affected portions of the Caribbean, western Pacific and northern Indian oceans. more...

US News

President Bush Signs Energy Bill
December 19, 2007 – President Bush has signed into law the Energy Independence and Security Act of 2007 that calls on automakers to increase fuel economy standards on their vehicles to 35 miles per gallon by 2020, and requires refiners to replace 36 billion gallons of gasoline with biofuel by 2022. more...

Global News

U.N. Climate Conference Adopts Bali Roadmap
December 15, 2007 – The 15-day U.N. Climate Change Conference has ended with the adoption of a Bali roadmap, which is expected to launch negotiations on a crucial international climate change regime up to 2009. more...

US News

Projects Offer Presidential Candidates Advice on Climate Change
December 12, 2007 – Two initiatives have been announced to encourage U.S. presidential candidates to learn more about climate change and to take a position on the issue. The Presidential Climate Action Project, an initiative of the University of Colorado School of Public Affairs, has released the first version of its plan while Lawrence Krauss, a Case Western Reserve University professor, and writer Chris Mooney have created Science Debate 2008, to “call for a public debate in which the U.S. presidential candidates share their views on the issues of the environment, health and medicine, and science and technology policy.”

Reports

Study Questions Reliability of Climate Models
December 12, 2007 – A new study comparing the composite output of 22 leading global climate models with actual climate data finds the models do an unsatisfactory job of mimicking climate change in key portions of the atmosphere. more...

Reports

Swiss Re Releases Two Energy Reports
December 10, 2007 – The Swiss Re Centre for Global Dialogue has released two energy reports. One entitled, “Our Energy Future: An Economic, Geopolitical and Risk Perspective” looks at the issue of energy security while the second report, “Energy Construction Boom” deals with the insurance implications of the current boom in oil and gas infrastructure construction and rising profit margins in the energy industry on replacement costs and business interruption. more...

Global News

Allianz Acquires German Wind Farm
December 5, 2007 -- Allianz has acquired the Schönwalde wind farm which is being constructed near Lübben, Brandenburg, Germany. The project was purchased from Global Wind Power A/S of Denmark , a wind farm developer and manager. The wind farm has a total output capacity of 22 megawatts, and comprises eleven Vestas V90-2MW wind turbines. It is expected to be fully operational by the end of the year. more...

Reports

Report Reveals Future Exposure to Coastal Flooding
December 4, 2007 – As many as 150 million people in the world’s major cities could be reliant on flood defenses by 2070 – more than three times the 40 million people today – as a result of climate change and urban development. more...