Tag

Economic Damage

All articles tagged with #economic damage

environment1 year ago

Study: Climate Change Amplified 2024 Atlantic Hurricane Intensity

Recent scientific reports highlight that human-caused ocean warming has intensified Atlantic hurricanes, increasing their wind speeds and resulting in more severe damage. Between 2019 and 2023, hurricanes experienced a 19 mph increase in maximum sustained winds due to climate change. In 2024, all 11 Atlantic hurricanes saw wind speed increases of 9 to 28 mph, with some storms being upgraded to higher categories. This intensification has led to a significant rise in economic damages, with climate change responsible for nearly half of the damages from major hurricanes like Helene and Milton.

businesstechnology1 year ago

"Tesla Giga Berlin Faces Extended Production Halt Due to Suspected Arson and Power Outage"

Tesla Giga Berlin's production halt, caused by an arson attack on a power substation, is expected to extend into next week due to complicated repairs to the damaged power line, resulting in estimated economic damages in the high nine-figure range and downtime costs of several hundred million euros. The Vulcan Group, a left-wing extremist group, claimed responsibility for the attack, aiming to stop Giga Berlin production, and authorities have confirmed the authenticity of their letter.