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Are insurers accurately pricing in climate change risk?

A Federal Reserve study suggests that states have largely decoupled homeowners rates from underlying risks, says Marketplace's Chris Farrell.
Natural disasters have increased in scope and scale, increasing costs but not always homeowners premiums. Senior economics contributor Chris Farrell expects reform to come to the market.
Michael M. Santiago via Getty Images

Some climate-conscious homeowners are embracing at-home water reuse

Jun 30, 2023
Some conservationists see greywater recycling as the next frontier in sustainable living.
A refrigerator-sized appliance, made by Hydraloop, that recycles gray water, stands next to the washer and dryer in the garage of Justin Fox, in Carlsbad, California, Jan. 24, 2023.
Hart Van Denburg

Carbon accountants help firms keep their climate pledges

Jun 21, 2023
Before companies can cut emissions, they first have to measure their carbon footprint. The new service is in high demand.
“Electricity usage and refrigerant leakage ... are the two main sources of emissions,” says Cooper Elsworth of Watershed, Sweetgreen's carbon accountant. Sweetgreen plans to become carbon neutral this decade.
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The hidden costs of wildfires go beyond putting them out

Jun 9, 2023
Where there’s smoke, there’s a massive increase in costs for health care, commerce, and productivity.
People wear face masks as they arrive to Newark Liberty International Airport amid hazy conditions due to smoke from Canadian wildfires.
Eduardo Munoz Alvarez/Getty Images

More wildfires mean worsening air quality. How do we adapt?

Jun 8, 2023
Some pandemic-related tools get a second life, while investors look at more high-tech solutions.
A person wears a face mask as smoke from Canada wildfires blankets Manhattan on June 7, 2023 in New York City.
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The Colorado River water rights deal is a stopgap. What's next?

May 23, 2023
This proposal could save the river system from imminent collapse, but in 2026, the current drought management guidelines will expire.
The Colorado River may lose another 20% of its water in the coming decades because of climate change, said Kyle Roerink of the Great Basin Water Network.
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The steel sector is carbon-intensive. "Green steel" could be a game changer.

May 22, 2023
If you use renewable energy to make hydrogen and use the hydrogen to manufacture steel, the process would be friendlier to the environment.
Green hydrogen could be a way to wean raw steel production off coal, said Aaron Bergman of Resources for the Future. One barrier, though, is the limited supply of the substance.
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For public good, not for profit.

Growing pistachios is a tough business. Here's one couple's story.

May 18, 2023
The Burchams own an orchard in Firebaugh, California. Like other pistachio farmers, they're grappling with a changing climate.
Klytia and Stephen Burcham own Gage Farms in Firebaugh, California. They have more than 18,000 pistachio trees on their orchard, which stretches over 114 acres.
Lily Jamali/Marketplace

Biden administration seeks to boost carbon capture in power plants

May 11, 2023
The goal is to remove 90% of industry emissions by 2035.
Biden's plan calls for power plants that burn coal and natural gas to be outfitted with systems that capture carbon. If released into the atmosphere, the carbon would contribute to climate change.
George Frey/AFP via Getty Images

Climate change is high on the agenda as the World Bank gets a new president

May 2, 2023
The outgoing World Bank president has been accused of downplaying the risks of fossil fuels.
Former Mastercard CEO Ajay Banga, the U.S. nominee for the World Bank presidency, is expected to bring a new focus on climate change to the institution's programs.
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