billion

Global Weather Disasters Cost $101 Billion in 2021

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For only the third time since 1970, insured losses from extreme weather events worldwide exceeded $100 billion, according to a report yesterday by Swiss Re, the global reinsurance company. Insured losses this year from storms, floods and other dangerous events are projected to reach $101 billion, with the damage occurring overwhelmingly in the U.S., Swiss … Read more

Panel calls for $2.5 billion in ocean geoengineering research | Science

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In the fight against climate change, humanity owes the ocean a big thank you. It has already absorbed nearly one-third of the carbon emissions from human activities such as the burning of fossil fuels. But many researchers think the ocean can shoulder even more of the burden, with technologies that would enhance its natural ability … Read more