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Not fun.”Many scientists who study the intersection of climate change, flooding, winter storms and sea level rise agree the kind of damage Levy experienced was more of a sign of things to come than an anomaly. Climate change is forecast to bring more hurricanes to the Northeast as waters warm, some scientists say. In the Northeast, the problem of climate change is especially acute because of forecasted sea level rise here, said Hannah Baranes, a coastal scientist with the Gulf of Maine Research Institute's Climate Center in Portland, Maine. “This is a real moment to consider how much flooding is in several feet of sea level rise,” Baranes said. Vermont, which also suffered heavy damage in Hurricane Irene in 2011, is working to establish statewide floodplain standards, Moore told the Maine Climate Council.

Persons: Haim Levy, ” Levy, “ It's, Levy, Hannah Baranes, it's, Baranes, ”, ” Baranes, Joe Biden, Patrick Keliher, Janet Mills, “, we've, ” Mills, We're, Julie Moore, Hurricane Irene, Moore, hasn't, Irene, Laura Dwyer, Dwyer, Conrad Ferla, Ferla, Charles Krupa, Rodrique Ngowi, ___, Patrick Whittle, @pxwhittle Organizations: Haim, United Nations, European Union, of, state's Department of Marine Resources, Democratic, Maine Climate Council, Vermont Agency of Natural, Coastal Resources Management, Associated Press Locations: PORTLAND, Maine, Hampton , New Hampshire, New Hampshire, New Jersey, Massachusetts, of Maine, Portland , Maine, New England, Vermont Agency of Natural Resources . Vermont, Hurricane, Vermont, ”, North Wildwood, Rhode Island, Narragansett , Rhode Island, South Kingstown

☆ An EU wealth tax and the end of U.S. capitalism: One bank’s ‘outrageous’ predictions for 2024
▼ + stars: | 2023-12-05 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

An EU wealth tax, the "end of capitalism" in the U.S. and a major health crisis arising from obesity drugs are just some of the "outrageous predictions" put forward by Saxo Bank in a report published Tuesday. Heading into 2024, the Danish investment bank suggested the world is at an "inflection point, with the familiar road of the last decade coming to an end." The predictions focus on a "series of unlikely but underappreciated" events that if they were to occur, would "send shockwaves across the financial markets." This would be rendered more likely if the population "realises how little in tax billionaires are actually playing," he speculated, with social unrest frequently simmering across the continent. In the Netherlands, it is even better to be a billionaire, as the average tax rate is below what US billionaires pay, Garnry noted.

Persons: Irene, I've, Steen Jakobsen, Robin Hood, Peter Garnry, Garnry Organizations: Saxo Bank, CNBC, EU, European Union, Equity Locations: Lower Manhattan , New York, EU, U.S, Ukraine, North America, East Asia, France, Netherlands

☆ CNBC Daily Open: Can stocks climb out of their three-month hole?
▼ + stars: | 2023-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

New York City resembled a ghost town after 370,000 people were told to evacuate flood-prone areas, including near Wall Street and at Coney Island, and mass transport was shut down. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP via Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Spooky OctoberMajor U.S. indexes inched up Tuesday, but ended October in the red — giving them a three-month losing streak. The 117-year-old company is "becoming an AI company.

Persons: Irene, Stan HONDA, STAN HONDA, Kospi, Janet, Jerome There's, Jerome Powell's, Joe Biden, Xi Jinping Organizations: AFP, Getty, CNBC, Japan's Nikkei, Bank of Japan, Federal Reserve, U.S . Treasury, AMD Locations: Lower Manhattan , New York, Tri State, New York City, Wall, Coney, AFP, Asia, Pacific, China, U.S

BAR HARBOR, Maine (AP) — Millions of people were under storm watches and warnings Saturday as Hurricane Lee churned toward shore, bearing down on New England and eastern Canada with heavy winds, high seas and rain. Train, who is also a firefighter, was going to wait out the storm on the island in Casco Bay. The Great New England Hurricane of 1938 brought gusts as high as 186 mph (300 kph) and sustained winds of 121 mph (195 kph) at Massachusetts’ Blue Hill Observatory. The region learned the hard way with Hurricane Irene in 2011 that damage isn’t always confined to the coast. Downgraded to a tropical storm, Irene still caused more than $800 million in damage in Vermont.

Persons: Lee, Louise Fode, New Englanders, There’s, Bruce Young, it’s, Steve Train, Ian Hubbard, Lee won’t, Hurricane Fiona, Kyle Leavitt, Hurricane Irene, Irene, ___ Sharp, Whittle, Rob Gillies Organizations: BAR, National Hurricane Center, U.S ., National Weather Service, Canadian Hurricane Centre, New, New Brunswick Emergency Management Organization, Portland . Associated Press Locations: Maine, New England, Canada, Portland , Maine, Bar Harbor, Tennessee, Lee, England, Canadian, of Nova Scotia, New Brunswick, Massachusetts, U.S, U.S . Virgin Islands, Bahamas, Bermuda, New, Long, Casco Bay, Hurricane, Vermont, Portland, Toronto

North of there, the Atlantic waters are much colder. The Great New England Hurricane of 1938 brought gusts as high as 186 mph (300 kph) and sustained winds of 121 mph (195 kph) at Massachusetts' Blue Hill Observatory. In 2011, a weakening Hurricane Irene was downgraded to a tropical storm but produced historic flooding in Vermont. The last time Maine was under a hurricane watch was in 2008 for Hurricane Kyle, a tropical storm when it skirted past the state. The last hurricane to make landfall in Maine was Hurricane Gerda, which hit Eastport in 1969.

Persons: Hurricane Lee, Lee, Irene, Hurricane Kyle, Hurricane Gerda, Hurricane Bob, Superstorm Sandy Organizations: Hurricanes, Down, Down East Maine —, Hurricane, Southern U.S, Galveston Hurricane, Gulf of Locations: England, New England, Hurricane, Cape Cod ., Massachusetts, Vermont, EAST MAINE, Down East Maine, Atlantic Canada, Maine, Eastport, Caribbean, Mexico, Southern, Galveston, New Orleans, Atlantic City , New Jersey, Gulf, Gulf of Maine

☆ Ted Cruz shares fake photo of a shark swimming on a flooded highway as Tropical Storm Hilary batters California: 'Holy crap'
▼ + stars: | 2023-08-21 | by ( Taylor Berman | ) www.businessinsider.com time to read: +2 min

Ted Cruz saw a photo someone jokingly shared of a shark swimming on a flooded highway in LA. "Holy crap," the Texas senator tweeted about the fake photo. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. And Monday morning, he quote-tweeted an obviously fake photo of a shark swimming on a flooded highway that a Twitter user said was in Los Angeles, which is being hit by its first tropical storm in over 80 years. "Holy crap," Cruz wrote about the photo, which was jokingly shared by Dan Katz of the newly-independent sports media company Barstool Sports.

Persons: Ted Cruz, Cruz, Dan Katz, he'd, I'm, Hurricane Irene, —, Cruz didn't Organizations: Service, Barstool Sports, Hurricane, Puerto Rico, TCU Locations: LA, Texas, Wall, Silicon, Ted Cruz of Texas, Cancun, Los Angeles, Puerto

☆ These are the states in America that are the least prepared for extreme weather
▼ + stars: | 2023-07-28 | by ( Scott Cohn | ) www.cnbc.com time to read: +11 min

Some states are in good shape to handle whatever the climate throws at them, but these are the states most at risk. 2023 Infrastructure score: 228 out of 390 points (Top States grade: B) Climate Extremes Index: 21.16% Properties at risk: 45.2% Renewable energy: 10.6%9. 2023 Infrastructure score: 165 out of 390 points (Top States grade: D) Climate Extremes Index: 8.7% Properties at risk: 2.8% Renewable energy: 12%8. Connecticut is home to the nation's first "green bank," which uses public dollars to leverage private investment in renewable energy. 2023 Infrastructure score: 227 out of 390 points (Top States grade: B) Climate Extremes Index: 21.16% Properties at risk: 61% Renewable energy: 12.5%1.

Persons: Jeremy Porter, York Snow, Joed Viera, Kelly Giddens, Daniel Hinton, Jessica Mcgowan, wades, Tim Boyle, Tony Evers, Scott Olson, Josh Edelson, Gavin Newsom, —, Marcellus, Tom Wolf, Josh Shapiro, Ida, Brendan McDermid, Hurricane Ida, Richard Bunting, Alex Hamilton, Hurricane Irene, Mark Wilson, Joe Biden's, Ted Shaffrey, Hurricane Nicole, Paul Hennessy, Marco Bello Organizations: Street Foundation, CNBC, Business, First, Oceanic, Atmospheric Administration, NOAA, U.S, Department of Energy, Afp, Getty, National Weather Service, Micron Technology, Alabama, University of Alabama, Illinois —, Badger State, Gov, Carolina, Carolinas, AFP, EQT Corp, Bloomberg, Reuters, Garden, State, Anadolu Agency, Sunshine State, Farmers Insurance, AAA Locations: States, York, Buffalo , New York, Empire, New York, Syracuse, Alabama TUSCALOOSA, AL, Cedar, Tuscaloosa , Alabama, Texas, Oklahoma, Alabama, Gulf, Wisconsin, Prairie du Chien , WI, Hurricane, Charleston , South Carolina, Florida, Georgetown , South Carolina, South Carolina, California, Oroville, Oroville , California, , California, Pennsylvania, Washington Township , Pennsylvania, U.S, Jersey, Oakwood, Elizabeth , New Jersey, Garden State , New Jersey, New Jersey, Delaware, Lewes , Delaware, Rhode, Connecticut, New Haven , Connecticut, Wilbur, , Florida, Louisiana, Kenner , Louisiana

☆ They planned to get married outside their beloved home. And then the floods came
▼ + stars: | 2023-07-22 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +8 min

CNN —Spenser Peterson and his fiancée, Mallory Walling, loved their little blue home near Vermont’s Winooski River. “But the foreground in front of those, is just this disgusting water,” Peterson recalled. Mallory Walling and Spenser Peterson at their home in Waterbury, Vermont. “You could see big trees and things were being washed down from people’s homes were going down the river,” Peterson said. “Everything – yard, driveway, in the house and the garage – was all just covered in nasty river, river sludge and whatever else came down river,” he said.

Persons: CNN — Spenser Peterson, Mallory Walling, ” Peterson, “, Danny, It’s, we’re, ”, Spenser Peterson, Hurricane Irene, Peterson, Walling’s, Irene, Irene the, hasn’t, “ It’s, they’ve, it’s, “ I’ve Organizations: CNN, First Street Foundation, National Oceanic, Atmospheric Administration, Sunday Locations: Vermont’s, Waterbury, Vermont, Waterbury , Vermont, Coast, ”

☆ Northeast flooding: 5 people were killed by raging floodwaters in southeastern Pennsylvania and 2 children are still missing
▼ + stars: | 2023-07-16 | by ( Christina Maxouris Lauren Mascarenhas Melissa Alonso Caitlin Kaiser | Christina Maxouris | Lauren Mascarenhas | ) edition.cnn.com time to read: +6 min

The children and their family, who were visiting from Charleston, South Carolina, were driving to a barbecue when they got stuck in flash flooding, Upper Makefield Fire Chief Tim Brewer said Sunday afternoon. Southeastern Pennsylvania was hit hard by heavy rain Saturday, less than a week after parts of the state had again faced flash flooding that deluged roadways and displaced dozens from their homes. “New York State is once again seeing significant rainfall & we are prepared to help communities respond,” Gov. Flash flood warnings were again in effect earlier Sunday in parts of the state, prompting officials to warn of potential landslides. “There are flash flood warnings throughout the state today.

Persons: Tim Brewer, “, Brewer, ” Brewer, ”, Norfolk PIO Jon Barbagallo, Kathy Hochul, ” Hochul, ” Long, Hochul, Kyle Mazza, Ned Lamont, John F, downpours, Hurricane Irene, Joe Biden, Jennifer Morrison, Phil Scott, Michael E, Mann Organizations: CNN, Authorities, Local, Empire State, “, York State, Twitter, New, New York City Emergency Management Department, Anadolu Agency, Bristol Firefighters Association, Connecticut Gov, National Weather Service, Boston Logan International Airport, LaGuardia, Newark Liberty International Airport, John, Kennedy International Airport, Federal Aviation Administration, Sunday, FEMA, ”, University of Pennsylvania, Southwestern Locations: Pennsylvania, Charleston , South Carolina, Bucks County, Upper Makefield, Southeastern Pennsylvania, New England, Vermont , New York, Massachusetts, Norfolk , Connecticut, Norfolk, New York, Connecticut, Empire, York, Waterbury , Connecticut, New York City, Suffolk County, Dutchess, Sullivan, New Jersey, Bristol, Boston, LaGuardia Airport, Vermont

MONTPELIER, Vermont, July 11 (Reuters) - A Vermont reservoir threatened to overwhelm a dam protecting the state's capital on Tuesday and exacerbate "catastrophic" flooding that has already shut roadways leading out of town and trapped people in their homes. The North Branch converges with a second, larger branch of the Winooski near the Vermont statehouse. "Make no mistake, the devastation and flooding we're experiencing across Vermont is historic and catastrophic," Vermont Governor Phil Scott said at a briefing Tuesday. [1/8]People paddle a kayak down a street flooded by recent rain storms in Montpelier, Vermont, U.S., July 11, 2023. The city's topography - bordered by hills with the downtown in a valley - increases the potential for flooding, Montpelier City Council member Conor Casey said.

Persons: Phil Scott, William Fraser, Brian Snyder, Jack McCullough, McCullough, Mike Cannon, Irene, Conor Casey, Casey, Janet Boyd, Boyd, Brendan O'Brien, Rich McKay, Rachel Nostrant, Daniel Trotta, Devika Syamnath, Bill Berkrot, Sandra Maler Organizations: Branch, National Weather Service, Vermont statehouse, REUTERS, CNN, Thomson Locations: MONTPELIER , Vermont, Vermont, Montpelier, United States, Florida , Texas, California, U.S, New York , Massachusetts, Connecticut, Montpelier City, Montpelier , Vermont, New England, Wilmington , Vermont, Chicago, Atlanta

☆ A ‘perfect storm’ is unfolding this summer and it’s ‘supercharging’ the weather, scientist says
▼ + stars: | 2023-07-11 | by ( Angela Fritz | ) edition.cnn.com time to read: +4 min

CNN —A “perfect storm” is unfolding this summer, one climate scientist told CNN, as atmospheric ingredients combine to create deadly flooding in the Northeast US and record-breaking heat in the Southwest US and around the world. “Sure, weather is weather. It’s going to happen — rainfall, flooding events are going to happen,” Mann told CNN. The jet stream is the fast-moving river of air high in the atmosphere that ushers weather systems across the globe. “The jet stream basically stalls and those weather patterns remain in place — those high and low pressure centers remain in place,” Mann said.

Persons: Irene, Michael E, Mann, ” Mann, “, ”, Joel Angel Juarez, ” El Organizations: CNN, Southwest, National Oceanic, Atmospheric Administration, University of Pennsylvania, USA, Phoenix Locations: Rivers, Vermont, West Point , New York, Roosevelt, Phoenix, The Republic, Europe, El

PinnedTorrential rainfall generated widespread flooding across western New England and parts of New York State on Monday, flooding homes and washing away roads and bridges as people were stranded in vehicles. In Vermont, where flooding was expected to intensify throughout the day, officials said about 20 people so far had been rescued by boat, with another two dozen evacuated from homes. And at least one person, a woman in her 30s, died in the flooding in New York’s Hudson Valley, the authorities said. The downpour was generating flash flooding in five counties across northern Vermont, where up to three inches of rain have fallen so far, the Weather Service said. In central Vermont, Addison, Orange, Rutland and Windsor counties are at risk of a flash flood through the early afternoon.

Persons: Steven M, Neuhaus, ”, ABC’s, Mr, John F, Irene, Claire Moses Organizations: New York State, America, National Weather Service, Weather Service, New York, Orange, Kennedy, Boston Logan International Airport, Amtrak, Weather Prediction Locations: New England, New, Vermont, Hudson Valley, Orange County, N.Y, “, Burlington, Addison, Orange, Rutland, Windsor, Hudson, New York, LaGuardia, Boston, New York City, Albany, East

[1/3] Debris from overnight flooding along Cedar Pond Brook is pictured in Stony Point, New York, U.S., July 10, 2023. "Widespread, heavy rainfall capable of producing considerable to catastrophic flooding is beginning to unfold, road washouts are ongoing, and are expected to increase in extent and severity over the course of the day," the weather service said on Monday. On Monday morning, Amtrak suspended passenger train service between Albany and New York after flooding damaged tracks. "So that's basically what our priority is today, to try to get to them and open up these major arteries." About two dozen state roads were closed as life-threatening flooding spread across much of the state from the Massachusetts state line north to the Canadian border, Vermont State Police said.

Persons: Mike Segar, Boston's Logan, Steven Neuhaus, ABC's, Neuhaus, Melissa Roberts, Kathy Hochul, Irene, Phil Scott, Jeannette Haight, Brendan O'Brien, Rich McKay, Ed Osmond, Jonathan Oatis Organizations: REUTERS, National Weather Service, New York's LaGuardia, Amtrak, U.S . Military Academy, Orange County . New, Vermont State Police, Burlington, Media, Thomson Locations: Stony Point , New York, U.S, Eastern New York, Boston, Western Maine, Albany, New York, Orange County , New York, Highland Falls, Fort Montgomery, New York City, Orange County ., Ontario County, Vermont, New England, Massachusetts, Andover, North Carolina, Chicago, Atlanta

☆ See images of the floods plaguing New York and New England
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: +5 min

Parts of the Burlington, Vermont, area have seen 6 inches (15 cm) of rain, with 2 inches (5 cm)of downpours expected Monday afternoon. Amtrak suspended passenger train service between the state capital Albany and New York City after flooding damaged tracks. Amtrak shares some of that route's track with the Metro-North commuter railroad into New York, which suspended some service on that line and another. "This is an all-hands-on-deck" event, Vermont Governor Phil Scott said at a news conference, a day after declaring a state of emergency for Vermont. About two dozen state roads were closed as potentially deadly flooding spread across much of the state from the Massachusetts state line north to the Canadian border, Vermont State Police said.

Persons: Kathy Hochul, Fatih Aktas, downpours, Boston's Logan, Steven Neuhaus, ABC's, Neuhaus, Melissa Roberts, Phil Scott, Irene, Jeannette Haight Organizations: Anadolu Agency, Getty, National Weather Service, New York's LaGuardia, Amtrak, Metro, U.S . Military Academy, New, Vermont State Police, Burlington Locations: Highland Falls, Fatih, U.S, Eastern New York, Boston, Western Maine, Stormville, New York City, Burlington , Vermont, Albany, New York, Orange County , New York, Fort Montgomery, Orange County, Ontario County, Vermont, New England, Massachusetts, Andover, North Carolina

☆ Water's edge: the crisis of rising sea levels
▼ + stars: | 2014-09-04 | by ( Reuters Graphic | ) www.reuters.com time to read: +20 min

But sea levels have been rising for 100 years in Baltimore.”ROCKET SCIENCEThe irony is evident at Wallops Flight Facility. Yet this bastion of climate research has been slow to apply the science of sea level rise to its own operations. Reviewers from state and federal agencies criticized the 348-page document for failing to adequately take rising sea levels into account in the project design and impact, or to temper future plans for expansion. Joshua Bundick, Wallops’s environmental planning manager, explained that he distilled the issues “down to only the highest points,” and sea level rise wasn’t among them. The cost to American taxpayers of repeated destruction of the parking lot and causeway from rising sea levels would only increase, Fish and Wildlife officials said.

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