climate change

Hurricane Rafael, the 17th named storm of the 2024 season, tore through the Caribbean before hitting Cuba as a category 3 storm. What Happened: Two earthquakes impacted Cuba following the hurricane, according to Bloomberg. While electrical workers restored power to the vast majority of Havana by...

This year’s hurricane season is a deadly one for the eastern and Gulf Coast of the U.S. Several companies and ETFs could be affected by another tropical storm nearing the Gulf Coast. The Storm: Tropical Storm Rafael, the 17th named storm of the 2024 season, formed in the Caribbean, according...

Global leaders Klaus Schwab and Ray Dalio are calling for increased collaboration between public, private, and philanthropic sectors to address climate change funding gaps, citing Bill Gates‘ Breakthrough Energy as a successful model for climate innovation financing. What Happened: In a joint...

For meteorologists who study extreme weather events like Hurricane Milton — and Hurricane Helene just two weeks ago — the most frightening aspect of the back-to-back storms isn’t just strength. It’s speed. The fact that Milton mutated from tropical storm to Category 5 hurricane in...

Billionaire Ray Dalio shared his insights on the primary forces shaping the global economy, during Milken Institute’s Asia Summit in Singapore. What Happened: Dalio, founder of Bridgewater Associates, pointed to the U.S. Federal Reserve’s interest rate decisions and the country’s...

The oldest continuously published magazine in the U.S. is endorsing current Vice President Kamala Harris for president in the 2024 election. Here's why. What Happened: Election polls indicate a tight contest between Harris and Donald Trump in the 2024 race, making high-profile endorsements...

Tech billionaire Bill Gates has expressed deep concerns about the possibility of another pandemic in the near future. What Happened: Gates highlighted that current global unrest could potentially lead to a significant conflict, in an interview with CNBC Make It. He also emphasized that even if a...

Concerns are mounting over the impact of Amazon.com, Inc. (NASDAQ:AMZN) and Jeff Bezos‘s $10 billion charitable organization on the carbon credit market. What Happened: The Bezos Earth Fund is a significant supporter of the Science Based Targets initiative (SBTi), which sets voluntary climate...

Tesla Inc. (NASDAQ:TSLA) has quietly removed CEO Elon Musk‘s “Secret Master Plan” from its website. What Happened: In 2006, Musk outlined Tesla's environmental goals and EV production strategy in a blog post. As of April 2024, Tesla referred to the plan as Musk's creation and the...

The Chinese Embassy in Canada has voiced strong objections to Canada’s decision to impose a 100% tariff on Chinese electric vehicles. The embassy has rejected Canada’s claims of “overcapacity” in China’s electric vehicle industry, describing them as “groundless...

California has faced numerous wildfires in recent memory as climate change-induced weather wreaks havoc on the Golden State. Which companies could be affected by the ongoing Park Fire in Northern California? Park Fire Rundown: The Park fire, the largest wildfire currently burning in the U.S., has...

Major United States indexes saw substantial losses on Friday after the Bureau of Labor Statistics released an especially weak jobs report. Meanwhile, a few economists speculated that the unemployment surge could be partly attributed to July’s Hurricane Beryl. July Jobs Report: Nonfarm...

Energy prices have soared over the past five years as climate change-induced extreme weather has hit several regions of the United States; meanwhile, record-high temperatures have kept Americans indoors. A new report contradicts the narrative that the switch to green energy is the sole factor...

The lawsuit filed by Baltimore, Maryland, against energy giants like Exxon Mobil Corp (NYSE:XOM), BP p.l.c. (NYSE:BP), and Chevron Corp (NYSE:CVX) was reportedly dismissed by a Maryland judge, Videtta Brown, on Thursday. The judge ruled the case exceeded state law limits by attempting to address...

The Biden administration has introduced a new rule to address excessive heat in the workplace, aiming to protect millions of workers from heat-related illnesses. What Happened: The proposed rule, if implemented, would safeguard an estimated 36 million U.S. workers from heat-related injuries, making...