Protecting Coasts Without Cooking The Planet
January 7th, 2026
Via the Salata Institute, an interesting look at how low-carbon, low-cost coastal resilience is possible if designers, builders, and policymakers work together: In the 2010s, when New York City decided to fortify the East River Promenade in the Lower East Side, it turned to a typical solution: emissions-intensive concrete and steel. Around the same time, […]
Read more »Climate ‘Shock’ Is Eroding Some Home Values. New Data Shows How Much.
November 19th, 2025
Via New York Times, a look at how climate ‘shock’ is eroding home values: Even after she escaped rising floodwaters by wading away from her home in chest-deep water during Hurricane Rita in 2005, Sandra Rojas, now 69, stayed put. A fifth-generation resident of Lafitte, La., a small coastal community, she raised her home with […]
Read more »New York Is Going to Flood. Here’s What the City Can Do to Survive.
October 17th, 2025
Via New York Times, a look at New York City’s flooded future: The waters surrounding New York allowed it to grow into an economic powerhouse. But what has been a blessing is increasingly a threat, as flooding becomes one of the city’s greatest challenges. By 2080, nearly 30 percent of the city’s land mass could […]
Read more »How Climate Risks Are Putting Home Insurance Out of Reach
September 18th, 2025
Via Yale’s e360, a look at how – after years underestimating the risks posed by climate-fueled disasters – the U.S. home insurance industry is in turmoil. In vulnerable areas, rising insurance costs are upending housing markets and communities, as homeowners scramble to try to find insurance they can afford. For decades, Sanibel Island, one of […]
Read more »California Is Running Out of Safe Places to Build Homes Due to Fires, Rising Seas
July 4th, 2025
Via Bloomberg, a look at how climate-related risks hamper the state’s ability to solve a housing crunch. It’s not alone. California, gripped by a housing shortage that is forcing families from the state, wants to build 2.5 million homes. But it’s running out of safe places to put them. Much of the land best suited for […]
Read more »The Wealthy California Town That Can’t Get Rid of Water Fast Enough
May 15th, 2025
Via SFGate, a report on a city slipping into the ocean: Every day, Rancho Palos Verdes inches closer to destruction. The beleaguered Southern California city, which is southwest of downtown Los Angeles and hugs the waterline between Redondo Beach and San Pedro, is quite literally sliding into the ocean, sometimes at a rate of 4 inches per week. […]
Read more »'Black Swans' are highly improbable events that come as a surprise, have major disruptive effects, and that are often rationalized after the fact as if they had been predictable to begin with. In our rapidly warming world, such events are occurring ever more frequently and include wildfires, floods, extreme heat, and drought.
'Green Shoots' is a term used to describe signs of economic recovery or positive data during a downturn. It references a period of growth and recovery, when plants start to show signs of health and life, and, therefore, has been employed as a metaphor for a recovering economy.
It is my hope that Black Swans / Green Shoots will help readers understand both climate-activated risk and opportunity so that you may invest in, advise, or lead organizations in the context of increasing pressures of global urbanization, resource scarcity, and perils relating to climate change. I believe that the tools of business and finance can help individuals, businesses, and global society make informed choices about who and what to protect, and I hope that this blog provides some insight into the policy and private sector tools used to assess investments in resilient reinforcement, response, or recovery.