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☆ Cruise lines' private islands are having a renaissance. These are the 3 reasons they need it now more than ever before.
▼ + stars: | 2024-03-23 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

To cruise lines, they're cash cows. Related storiesThese are the three reasons cruise-run private destinations have become so important. Amid rising fuel costs, it's easy to see why cruise lines would want to plan more itineraries around these nearby stops. Private destinations keep profits in-houseThe bar had two halves: one on land and the other at pool level. And because there's no need to rely on other excursion operators, they allow cruise lines to keep more profits in-house.

Persons: —, Patrick Scholes, Michael Bayley, Naftali Holtz, it's, Scholes, wouldn't, Linken D'Souza, Brittany Chang, Josh Weinstein, Jason Liberty, Simone Padovani, CHANDAN KHANNA, They're Organizations: Service, Royal, Business, Truist Securities, Disney Cruise Line, Disney Cruise, Holland America, MSC, Royal Caribbean International, Royal Caribbean Group, Beach, cabanas, Carnival Corp, Private, Hideaway, Disney, Key, Getty Locations: Miami, Bahamas, CocoCay, Caribbean, Honduras, Belize, Eleuthera, Cay, Holland, Royal Caribbean, Paradise, Nassau, Florida, cabanas, Royal, Orlando, Venice, Italy's Giudecca, Santorini, Greece, Key West , Florida, California, Alaska , Maine, Europe, Juneau , Alaska, French Polynesia, Italy

High-tide floods are not caused by the weather but by the twice monthly alignment of the Earth, sun and moon. But as climate change causes sea levels to rise, high tide floods — sometimes called nuisance floods or sunny-day floods because they can happen on clear days — are likely to inundate more coastal neighborhoods across the five boroughs. By 2050, Lower Manhattan could see 85 days of high-tide flooding annually, a fivefold increase. By the end of this century, 600,000 city residents could be affected by regular tidal flooding, according to the New York City Comptroller’s office. “Tidal flooding is a pretty significant existential climate threat,” said Louise Yeung, the chief climate officer for the comptroller’s office.

Persons: ”, Louise Yeung Organizations: New Locations: Queens, Jamaica, Lower Manhattan, New York City

☆ New York's floods weren't a one-off — here's how the city is preparing for the future
▼ + stars: | 2023-10-04 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

The same idea could be applied to create cloudburst gardens. Source: New York City Department of Environmental ProtectionNew York City environmental agencies are also working on installing rain gardens. Roughly 12,000 rain gardens have already been installed in New York City sidewalks, according to Aggarwala. Rain gardens line a sidewalk in Queens, NY. Source: NYC WaterAlong with extreme rainstorms, the climate chief is equally or more concerned about the threat of extreme heat, which causes more fatalities in the city rainfall.

Persons: Fatih Aktas, Rohit Aggarwala, today's, Winters, Hurricane Henri, Hurricane Ida, Nelson Vaz, Marc Wouters, Eric Adams, Aggarwala, Kathy Hochul Organizations: Anadolu Agency, Getty, New, York, CNBC, Hurricane, National Weather Service, Bronx and, New York City Department of Environmental Locations: Williamsburg , New York, United States, New York, York City, York, Miami, Jamaica, Queens , NY, Queens, Bronx, Bronx and Brooklyn, New York City, Staten Island, Staten, New, Yorker

☆ Flash floods foreshadow a threatening reality in New York City
▼ + stars: | 2023-09-30 | by ( Denise Chow | Evan Bush | ) www.cnbc.com time to read: +8 min

Cars drive along a flooded street on Church Avenue amid a coastal storm on September 29, 2023 in the Flatbush neighborhood of Brooklyn borough New York City. And more than a decade after Hurricane Sandy forced officials to rethink the meaning of climate resilience in New York City, it appears there's still much to be done. Kathy Hochul declared a state of emergency for New York City, Long Island and the Hudson Valley, calling the storm a "life-threatening rainfall event." The storm caused about $19 billion in damage to New York City. In densely populated cities like New York, flooding risks are heightened because of the built environment and lack of green spaces.

Persons: Michael M, Hurricane Ida, Hurricane Sandy, Joseph Kane, Steve Bowen, Gallagher, Bowen, Kathy Hochul, Eric Adams, Spencer Platt, Zachary Iscol, Sandy, Superstorm Sandy, Louise Yeung, Yeung, Hurricane Sandy —, Ida, Mona Hemmati, Hemmati, Andrew Kelly Organizations: Brooklyn borough New, Santiago, Getty, Hurricane, Brookings Institute, NBC News, Gallagher Re, . New York Gov, York City, Prospect, Columbia Climate School, New York City Department of Environmental Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, New York City, Brooklyn, New York, New York , New Jersey, Connecticut, Long, Hudson, York, Brooklyn Borough, Zachary Iscol , New York, Hurricane, Atlantic City, New Jersey, Manhattan, Williamsburg, U.S

☆ How to buy a home insurance policy in era of climate risk and more frequent disasters
▼ + stars: | 2023-08-30 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +4 min

Frequent weather catastrophes, induced in part by climate change, are bearing down on homeowners and would-be buyers. Here's how consumers can navigate the home insurance market amid increasing climate-driven weather risks:The home insurance market disruption is going to get worseThings are likely to get worse for homeowners and would-be buyers. Also in June, Farmers Insurance became the latest insurer to pull out of Florida, a market that's been roiled with turmoil for many years. Policyholders should expect to pay moreThe average cost of homeowners insurance nationwide is $2,777 a year, with rates varying by state, according to Insurance.com, a consumer comparison service. Already, some homeowners are choosing to roll the dice on ownership without insurance rather than pay increasing premiums.

Persons: Hurricane Ian, Idalia, Ian —, John Dickson, David A, Sampson, —, George Hosfield, Rich Sorkin, Stephen Bennett Organizations: Global, Aon, American, Casualty Insurance Association . Insurance, LexisNexis, Allstate, Farmers Insurance, Jupiter Intelligence Locations: Pine, Hurricane, Matlacha , Florida, Florida, California, Cuba, Oklahoma, Hawaii, Arkansas, Louisiana , Nebraska , Iowa , Kansas , Oklahoma , Illinois, Kentucky, Tennessee

☆ Phoenix suffers a record 31 straight days of 110-degree highs, and more heat is on the way
▼ + stars: | 2023-08-01 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +2 min

On Monday, Phoenix finally stopped adding new notches to its record of consecutive days with heat of 110 degrees Fahrenheit or higher, but more hot days are just around the corner. The high temperature at Phoenix Sky Harbor Airport reached 108 degrees on Monday, according to a social media post from the National Weather Service in Phoenix. That high on Monday ended the 31-day record of consecutive days of high temperatures of 110 degrees Fahrenheit or higher. "Wednesday will mark the start of a warming trend with high temperatures eventually expected to once again top 110 degrees over much of the lower deserts by Friday. An Excessive Heat Watch has been issued for much of south-central Arizona from Friday through Sunday," the National Weather Service said.

Organizations: Sky Harbor, National Weather Service, NWS, Arizona State Climatologist, Climate Office, CNBC Locations: Phoenix, Arizona

☆ The Army Corps’s Flood Plan Could Ruin New York’s Waterfront. It Doesn’t Have To. - The New York Times
▼ + stars: | 2023-06-15 | by ( ) www.nytimes.com time to read: +14 min

Mr. Gutman is an environmental planning consultant and a member of the New York-New Jersey Storm Surge Working Group. In terms of population at risk, New York City is the most vulnerable city in the country, according to Climate Central, a nonprofit research organization. These highly effective and reliable harborwide surge barriers can protect large areas while leaving shorelines free for recreation and other uses. Hudson River Park 12 feet 12 feetHudson River Park 12 feet 12 feetHudson River Park 12 feet 12 feetGantry Plaza State Park 12 feet 12 feetGantry Plaza State Park 12 feet 12 feetImagine bicycling up the Hudson River Greenway in Manhattan next to a concrete wall between you and Hudson River Park. It consists of walls, small storm surge barriers and other shoreline barriers.

Persons: Robert Yaro, Daniel Gutman, Quoctrung Bui, Taylor, John Lehr, Yaro, Gutman, Hurricane Sandy, Rohit Aggarwala, Aggarwala, Jeroen Aerts, “, Sandy Hook, Arthur, Sandy, David Ralston Organizations: The New York Times, Regional Plan Association, Metro Flood Defense, New Jersey Storm, U.S . Army Corps of Engineers, Corps, Hurricane, Climate Central, United Nations, New, LaGuardia Airport, Vrije University Amsterdam, New York City, Bronx Manhattan, Bronx Manhattan Jersey City Queens, Bronx Manhattan Jersey City Queens Brooklyn Jamaica Bay, U.S . Army Corps, Engineers, Oceanographic, Dade Locations: York, New, New York, New Jersey, floodwalls, New York City, Rotterdam, Netherlands, London, St, Petersburg, Russia, New York Harbor, Central, Greenpoint, Manhattan’s, Jersey City, Hudson, Greenway, Manhattan, United, Jersey, Bronx, Queensbridge, South Williamsburg, Yonkers, Ossining, Market, Newtown, New York State , New Jersey, Brooklyn, Staten Island, Arthur Kill, Jamaica, Bronx Manhattan Jersey, Bronx Manhattan Jersey City Queens Brooklyn, Bronx Manhattan Jersey City Queens Brooklyn Jamaica Bay Staten, Texas, Galveston, Houston, Hurricane, Miami

☆ NYC chief climate officer: Working on how to get ahead of current climate crisis
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYC chief climate officer: Working on how to get ahead of current climate crisisRohit Aggarwala, chief climate officer for NYC, joins 'Squawk on the Street' to discuss the city's long-term modeling work in preparation for more wildfires in Canada, the impact of firefighter support in Canada, and more.

Persons: Rohit Aggarwala Locations: Canada

☆ Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
▼ + stars: | 2023-03-20 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

But the housing market currently doesn't price that climate risk into home values. The mortgage giant's chief climate officer, Tim Judge, says mortgage underwriting does not currently account for climate risk. To help, Judge is hiring climate risk modeling firms, such as First Street Foundation and Jupiter Intelligence, as well as others, to figure out just how to factor climate risk into home values and mortgage underwriting. First Street, for example, looks at climate risk from floods, fire and wind, and brings it down to an individual property level. But Fannie Mae is not yet rejecting any mortgages based solely on climate risk.

☆ Climate change is making plane turbulence worse, and it could make flights bumpier and more expensive
▼ + stars: | 2023-03-11 | by ( Crystal Raypole | Jessica Orwig | ) www.businessinsider.com time to read: +8 min

Experts believe severe turbulence may increase in years to come as patterns of severe weather continue around the globe. But pilots also have to contend with clear-air turbulence, which is turbulence that has no visible cause. Weather researchers further predict clear-air turbulence will double by 2050, with severe turbulence increasing the most. "The highest altitude flights over the North Atlantic will encounter the most significant increase in severe turbulence," Bennett said. Only 1% of the atmosphere has moderately severe turbulence, and a few tenths of a percent have severe turbulence," she said.

☆ $52.6 billion is needed to protect the NYC area from coastal storms, according to a new plan proposed by the Army Corps of Engineers
▼ + stars: | 2023-03-04 | by ( Lindsey Jacobson | In | ) www.cnbc.com time to read: +2 min

That's how much the U.S. Army Corps of Engineers thinks it will take to protect the New York City area from coastal storms. Plan 3B offers the "best bang for the buck," said Bryce Wisemiller, a project manager for the U.S. Army Corps of Engineers' New York District. He said this is the most cost-effective plan to protect the region from storms that are likely to happen only once in 100 years. Residents can explore the 3B plan, as well as suggested plans 2, 3A, 4 and 5, at the Army Corps' interactive website. Watch the video here to learn more about the plan to protect the New York City area from coastal storms.

Global emissions of carbon dioxide stayed at record high levels in 2022, giving the planet less than a decade to meet the goals of the landmark Paris Agreement, according to a report released Thursday. The Global Carbon Project, made up of scientists who track and quantify greenhouse gas emissions, found no signs of the cuts in emissions needed to limit global warming to 1.5 degrees Celsius above pre-industrial times. Carbon dioxide emissions in 2020 fell by a record 1.9 billion tons as a result of strict Covid lockdowns that halted most air travel and disrupted daily lives. So-called carbon sinks, or natural lands and oceans that absorb and store carbon, continue to take up roughly half of the planet's carbon dioxide emissions. “If governments respond by turbo charging clean energy investments and planting, not cutting, trees, global emissions could rapidly start to fall,” she said in a statement.

☆ World 'nowhere near' hitting climate targets, U.N. warns
▼ + stars: | 2022-10-26 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +3 min

The world is "nowhere near" hitting its targets to cut greenhouse gas emissions, putting it on track to soar past the limit for global warming countries committed to in the landmark 2015 Paris Agreement, the United Nations has warned. But the impact of countries' pledges to ramp up their climate fight is falling short, scientists behind the report warned. “We are still nowhere near the scale and pace of emission reductions required to put us on track toward a 1.5 degrees Celsius world,” Simon Stiell, head of the U.N. climate office, said in a statement. But it found that just 24 new or updated climate plans were submitted by countries since COP 26. “The fact that only 24 new or updated climate plans were submitted since COP 26 is disappointing," said Stiell.

☆ Democrats in Congress are supporting another huge defense budget while ignoring a threat they've warned about for decades
▼ + stars: | 2022-09-13 | by ( Yint Hmu | ) www.businessinsider.com time to read: +6 min

In debates about defense spending and foreign policy, Democrats have failed to deliver on climate. The depth and scope of the IRA's approach to confronting climate change is unparalleled. Yet 180 House Democrats voted for the bill, which expanded our budget for conducting a polluting, militaristic foreign policy to nearly $850 billion. US foreign policy, militarism, and climate policy must go together. The national security community is acutely aware of the effects of climate change — they've been thinking, planning, and gaming out scenarios since the late 2000s.

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