Air Conditioning: A Moral Imperative
October 5th, 2024
Via The Washington Post, commentary on how – despite its contribution to climate change – the demand for AC will soar and must be met: Air conditioning transformed the world. Cities such as Singapore and Dubai would not have risen without it. In the United States, artificial cooling enabled the blockbuster growth of the Sun Belt. All over […]
Read more »Nowhere in America Is Safe From Climate-Fueled Storms and Fires
October 4th, 2024
Via Bloomberg, a look at how billion-dollar weather disasters have touched every corner of the US in the past five years: Forecasters had warned for days that Hurricane Helene was likely to cause widespread devastation. But when the powerful storm struck Florida and barreled through the eastern US last week, killing more than 180 people […]
Read more »Climate Change Is Destroying American Homes. Who Should Have To Move?
October 2nd, 2024
Via Grist, commentary on how it’s unfair to force people out of their homes, but we have to do it anyway: Consider the following scenario: A local government wants to relocate a neighborhood that is vulnerable to climate change. The streets have flooded several times in recent years during major storms, and projections indicate that […]
Read more »Before The Floods, Asheville Was Called A ‘Climate Haven.’ Is Anywhere Safe?
October 1st, 2024
Via The Washington Post, a look at how – as climate change leads to more severe hurricanes – mountain communities like Asheville, N.C., face growing flood danger: Asheville, N.C., seemed like an ideal place to escape the worst effects of global warming. In recent years, media outlets and real estate agents named the city a […]
Read more »Climate Migration Is Here. The U.S. Must Invest Accordingly
September 30th, 2024
Via The Washington Post, commentary on the need for the U.S. to realistically assess which geographies are becoming unlivable and which are well suited to larger population settlement. It should then offer incentives for migration toward the latter and away from the former — and direct infrastructure spending accordingly. This week, parts of the Pacific […]
Read more »Finding a Fix for Playgrounds That Are Too Hot to Touch
September 28th, 2024
Courtesy of Inside Climate News, an article on Arizonan researchers who are studying playgrounds where the equipment gets so hot it can burn kids’ skin. As heat worsens nationwide, other communities will need to take note. It was just before 8 a.m., yet the temperature was already nearing 100 degrees Fahrenheit as members of Arizona […]
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.