Climate Risk Economics
@climateeconomics.bsky.social
1.8K followers 930 following 1K posts
Science, analysis, and news around climate change's impacts on the economy, focusing on growth, inflation, investment, companies, consumers #ClimateRisk #ClimateImpacts
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climateeconomics.bsky.social
A stark warning from insurance giant Allianz:

"We are fast approaching warming levels where insurers won't be able to offer coverage for many climate risks. The premiums required exceed what people or companies can pay. This is already happening"...

www.linkedin.com/pulse/climat...
Climate, Risk, Insurance: The Future of Capitalism
CO₂ emissions directly increase the amount of energy trapped in the Earth’s atmosphere. This is not a vague or future issue—it is physical reality.
www.linkedin.com
Reposted by Climate Risk Economics
thierryaaron.bsky.social
“The government must publish any assessment of these risks and be straight with the public on the scale of the environmental challenges we face.” - Dr. Mike Barrett, @wwf.org.uk
climateeconomics.bsky.social
Kevin Stiroh, formerly the leading climate official at the Federal Reserve, has joined Resources For The Future as a founding member of the advisory committee for the Climate-related Financial and Macroeconomic Risk Initiative

via @climateproof.news

www.climateproof.news/p/people-mov...
climateeconomics.bsky.social
Why pension funds are still pushing for climate action

Pension funds and other long-term asset owners have a fiduciary responsibility to protect the interests of beneficiaries decades into the future...

www.ft.com/content/fd81...
Why pension funds are still pushing for climate action
Long-term asset owners have bucked the financial sector trend of retreat on green goals
www.ft.com
Reposted by Climate Risk Economics
climateeconomics.bsky.social
Here again, as often, "populist" politicians are only catering to a lobby - the industrial meat lobby, in this case.
Reposted by Climate Risk Economics
dpcarrington.bsky.social
“A beef tomato doesn’t contain any beef … Ladies’ fingers are not made of actual ladies’ fingers. Let’s trust consumers and stop this hotdog populism,” says Austrian MEP Anna Stürgkh

Ditto Shepherds pie

Feel free to add your own below 👇

www.theguardian.com/world/2025/o...
‘Veggie burgers’ could be off the menu as MEPs vote to ban plant-based food terms
Vote is victory for MEPs who want to strengthen position of farmers in food supply chain
www.theguardian.com
Reposted by Climate Risk Economics
donmoyn.bsky.social
The elimination of USAID is a moral atrocity and all involved made a choice to enable, and then lie about, ending the lives of some of the most vulnerable people in the world.
MAE SOT, Thailand (AP) - Mohammed Taher clutched the lifeless body of his 2-year-old son and wept. Ever since his family's food rations stopped arriving at their internment camp in Myanmar in April, the father had watched helplessly as his once-vibrant baby boy weakened, suffering from diarrhea and begging for food.
On May 21, exactly two weeks after Taher's little boy died, U.S. Secretary of State Marco Rubio sat before Congress and declared: "No one has died" because of his government's decision to gut its foreign aid program. Rubio also insisted: "No children are dying on my watch."
That, Taher says, "is a lie."
Reposted by Climate Risk Economics
markgongloff.bsky.social
Every so often you come across a piece of evidence that feels strong enough to change minds.

This chart from @hausfath.bsky.social is one of those, directly refuting at least 2 standard climate-denier talking points we've heard from Trump recently

Gift link: www.bloomberg.com/opinion/arti...
A Chart Climate Denialists Can’t Ignore
Every now and then you come across a piece of evidence that feels strong enough to cut through the noise and change minds.
www.bloomberg.com
Reposted by Climate Risk Economics
riskmarketnews.com
Extreme heat kills more Americans than floods, hurricanes, and tornadoes combined.
FEMA's response? It just rejected a recommendation to measure the financial impact of mitigation projects.
Meanwhile, insurers are warning of $400B+ in annual losses by 2035. www.riskmarketnews.com/nations-dead...
Nation's Deadliest Weather Peril Gets No Federal Planning Strategy
FEMA says it was unlikely that the “president would ever declare a major disaster for extreme heat.”
www.riskmarketnews.com
Reposted by Climate Risk Economics
drjeffmasters.bsky.social
Drought is climate change's biggest threat: If this winter is as dry as last winter, and no major reductions in use occur, Lake Powell by 2027 would have no storage left and “would have to be operated as a ‘run of river' facility” in which only the inflow from the river could be released downstream.
‘No One Comes Out of This Unscathed’: Experts Warn That Colorado River Use Needs Cutting Immediately - Inside Climate News
A new report finds that Lakes Mead and Powell, the nation’s largest reservoirs, could store just 9 percent of their combined capacity by the end of next summer.
insideclimatenews.org
Reposted by Climate Risk Economics
drsimevans.carbonbrief.org
FACTCHECK: Claire Coutinho claims UK gas power only costs £55/MWh…

…but she is ignoring a few small details:

🤫 Gas prices always rise in winter
🤫 Gas plants cost money to build
🤫 CO2 causes economic damages

THREAD with receipts

1/8
climateeconomics.bsky.social
Climate risk ‘cannot be about politics,’ say sustainable investors seeking bipartisan collaboration

“We need to take the government’s thumb off the scales here, allow markets to function properly, allow businesses to operate as they see fit”...

www.esgdive.com/news/climate...
Climate risk ‘cannot be about politics,’ say sustainable investors seeking bipartisan collaboration
Environmental nonprofit Ceres explored areas of common ground on climate risk and opportunity during New York City’s annual climate event.
www.esgdive.com
climateeconomics.bsky.social
New Zealand’s oceans are warming 34% faster than the global average, with US$104bn worth of housing and $26bn worth of infrastructure at risk of flooding

“a coastal storm that used to happen every 100 years could start happening every year”

www.theguardian.com/world/2025/o...
New Zealand oceans warming 34% faster than global average, putting homes and industry at risk, report finds
NZ$180bn worth of housing and $26bn of infrastructure at risk of flooding and storm damage, new government report finds
www.theguardian.com
climateeconomics.bsky.social
... which is also, maybe not coincidentally, what the US movie and music industries have been doing for the last decades
climateeconomics.bsky.social
Pakistan's catastrophic floods show why we need just and effective climate finance

"The cost of inaction – economic disruption, forced migration, geopolitical instability, lost human potential – far outweighs the investment required for adaptation"

www.reuters.com/sustainabili...
www.reuters.com
climateeconomics.bsky.social
From Realtor's 2025 Housing and Climate Risk Report:

US homes at "severe or extreme" #climaterisk:

Flood: 6% of homes ($3.4 tr in value, inc. $1 tr outside FEMA flood zones so mostly uninsured)

Wind: 18% of homes ($8 tr)

Wildfire: 5.6% ($3 tr)

www.realtor.com/research/cli...
2025 Realtor.com Housing and Climate Risk Report
Understanding climate risk in the housing market is essential, as these challenges not only affect residential safety but also influence property values, insurance costs, and overall market stability....
www.realtor.com
climateeconomics.bsky.social
Rising sea levels threaten over 100 million buildings. Where does Europe stand?

"under a high emissions scenario, sea level rise could cost a staggering €872 billion in total by the year 2100"... and much more after 2100

www.euronews.com/green/2025/1...
www.euronews.com
Reposted by Climate Risk Economics
thierryaaron.bsky.social
Has anyone else been dealing with some serious headline whiplash recently?

Even for those of us who follow #climate and #energy matters closely, it can be hard to know what the hell is going on!

So here's a thread to help climate communicators get a grip on how to deal with this 🧵
Reposted by Climate Risk Economics
akshatrathi.bsky.social
The US is pursuing "energy dominance" and forcing allies to buy US oil and gas. And, yet, China is beating the US on energy exports.

Surprised? Gift link: www.bloomberg.com/news/article...
climateeconomics.bsky.social
"As climate costs stack up, companies will come under pressure from investors to take resilience seriously. Companies that prepare ahead of time will be rewarded; those that don’t risk being forced to change once the crisis gets to a breaking point"...

time.com/7323198/comp...
time.com