India’s Big Bet On Electric Buses
April 18th, 2024
Via Yale Climate Connections, a report on India’s decision that its fast-growing cities need electric buses if the country is to meet its climate goals: Public transportation riders in Pune, India, love the city’s new electric buses so much they will actually skip an older diesel bus that arrives earlier to wait for a smoother, […]
Read more »Deadly Heat Is Baking Cities. Here’s How to Cool Them Down
April 16th, 2024
Via Wired, a look at how urban areas can be 20 degrees hotter than the surrounding country. But green spaces and reflective pavement can make city life more bearable: IF YOU’VE EVER driven from the country into the city and marveled at how the temperature dramatically spiked, you’ve felt the urban heat island effect. The streets […]
Read more »$830 Million To Fix Broken U.S. Infrastructure
April 16th, 2024
Courtesy of Wired, a discussion withUS transportation secretary Pete Buttigieg about recent grants to fix ancient roads, bridges, and other critical infrastructure before it’s too late: There’s one word that will get any American fuming, regardless of their political inclination: infrastructure. Pothole-pocked roads, creaky bridges, and half-baked public transportation bind us nationally like little else […]
Read more »How To Stop A State From Sinking
April 15th, 2024
Via MIT Technology Review, a look at how Louisiana’s southwestern coastline faces some of the most severe climate predictions in the US. Can a government-led project build the area up and out of crisis? Many of the mobile homes, Creole cottages, and other dwellings that have been flagged for flood risk along Louisiana’s low-lying coastline […]
Read more »Adaptation: World’s Unheralded Tool to Deal With Climate Change
April 14th, 2024
Via Bloomberg, a report on adaptation: Reducing greenhouse gas emissions is a cut-and-dry way to stop climate change. But how the world responds to the impacts already taking place is a whole other can of worms — a large can, and one that can seem incomprehensible. Dubbed climate adaptation, the field doesn’t rely on a […]
Read more »Homeowners Face $25T Bill from Climate Change
April 14th, 2024
Via The Economist, a report on the risk that climate change poses to property owners: The residents of northern Italy had never seen anything like the thunderstorm that mauled their region last summer. Hailstones as big as 19cm across pummelled Milan, Parma, Turin and Venice. Windows were broken, solar panels smashed, tiles cracked and cars dented. […]
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.