Miami is ‘ground zero’ for climate risk. People move there, build there anyway

South Pointe Beach in Miami Beach, Florida. Greg Iacurci MIAMI — Daniel Habibian worries about climate change.  His clothing boutique in Miami Beach’s iconic South Beach neighborhood sits just a few blocks inland from the Atlantic Ocean.  Rising seas threaten to swallow much of the Miami metro area in the coming decades as the world … Read more

Inflation Reduction Act home energy rebates may arrive soon

Ryanjlane | E+ | Getty Images Rebates tied to home energy efficiency and created by the Inflation Reduction Act may start flowing to many consumers within months.   The federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories and tribes, which must apply for the funding. The U.S. Department of … Read more

Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific

Economic losses in the Asia Pacific region soared to $65 billion due to natural disasters, mainly fueled by floods in China and droughts in India, as reported by insurance company Aon. Hadynyah | E+ | Getty Images Economic losses in the Asia Pacific region due to natural disasters soared to $65 billion in 2023, mainly … Read more

What the SEC climate disclosure rule may mean for investors

Securities and Exchange Commission Chair Gary Gensler testifies before the Financial Services and General Government Subcommittee on July 19, 2023 in Washington.  Win Mcnamee | Getty Images News | Getty Images The Securities and Exchange Commission is poised to issue a final rule on Wednesday that would require companies to beef up disclosures around climate … Read more

$7,500 EV tax credit may be easier — and harder — to get in 2024

Praetorianphoto | E+ | Getty Images The $7,500 tax credit for new electric vehicles will be easier for many consumers to claim in 2024, but it may be more difficult for others. These opposing dynamics are due to federal policies taking effect at the same time. One policy kicking in Jan. 1 will allow car … Read more