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Climate Fueled Disasters

All articles tagged with #climate fueled disasters

climate-change2 years ago

The Challenge of Halting Construction in Climate-Prone Areas

Local governments in the United States are grappling with the dilemma of whether to build homes in areas at high risk of climate-fueled disasters such as floods, wildfires, and droughts. While there is a pressing need for more housing and property tax revenue, the increasing frequency and severity of extreme weather events cannot be ignored. California, with its expensive housing and wildfire risk, is facing challenges in determining where to build. Arizona, on the other hand, is dealing with water scarcity and the need for growth. Local governments are considering limits on homebuilding, but the decisions ultimately fall to them, and there are few statewide laws addressing development in high-risk zones.

climate-change2 years ago

Insurance companies pull out of California due to climate risks and fire prevention issues.

Insurance companies are struggling to keep up with the increasing damage caused by climate-fueled disasters such as wildfires and hurricanes. State Farm, the largest property insurer in California, has announced that it will no longer write new policies for homeowners or businesses in the state due to the high wildfire risk. Property insurance systems are collapsing under the weight of climate change across the country, even without statewide limits on rate increases. The inability to increase premiums to profitable levels is making it too risky for insurance companies to continue operating in vulnerable areas.