Extreme Heat Will Bake America’s Cities
November 28th, 2023
Via The Economist, a look at the impact of extreme heat on U.S. cities and how they may prepare: The monsoon is late again. Without the almost biblical rains, there is nothing to break the heat during a long stretch of days above 43°C (109°F). The pavement is scalding. Hospital wards are filling with burn victims. […]
Read more »Climate Change Will Test Tokyo’s World-Class Flood Defenses
November 15th, 2023
Via Bloomberg, a look at how Japan has financed enormously expensive infrastructure projects to protect cities from catastrophe, but old adaptation plans may not be enough against increasingly heavy rains: Underneath a stretch of highway north of Tokyo lies an example of Japan’s prowess in engineering solutions to potentially destructive weather events: A network of […]
Read more »After its Hottest Summer On Record, Phoenix’s Mayor Outlines the City’s Future
November 13th, 2023
Via Inside Climate News, an interview with Phoenix’s Mayor Kate Gallego, looking at how the city is looking to address extreme heat and drought to build a more sustainable city: The Phoenix summer of 2023 was one for the record books. For 54 days straight—36 more than the previous record—the hottest city in the country had […]
Read more »Buildings That Can Stand Up To Hurricanes and Sharply Cut Emissions Too
November 7th, 2023
Via AP News, a report on how some houses are being built to stand up to hurricanes and sharply cut emissions, too: When Hurricane Michael hit the Florida Panhandle five years ago, it left boats, cars and trucks piled up to the windows of Bonny Paulson’s home in the tiny coastal community of Mexico Beach, […]
Read more »A Climate Change Success Story? Look at Hoboken.
November 5th, 2023
Via The New York Times, a look at how this flood-prone city on the Hudson River has bundled water-absorbing infrastructure into benefits residents asked for, like parks and safer streets: The city of Hoboken, N.J., once a marshy outcropping that the Lenape inhabited only seasonally, hugs the Hudson River. Three-quarters of it occupies a flood […]
Read more »Can ACs Cool the World Without Warming it?
November 1st, 2023
Courtesy of Grist, a look at if/how ACs can cool the world without warming it: A warm breeze brushes your arms as you sit lazily on the balcony. You wave to your elderly neighbor, Roy, across the way. He’s always yelling at you to “close the door; you’re wasting energy” — no matter your patient […]
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.