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As the Colorado River declines, water scarcity and the hunt for new sources drive up rates
The price of water is rising across the Southwest as utilities look to cover the cost of the increasingly scarce resource, the infrastructure to treat and distribute it and the search for new supplies.
Flood insurance rates will soar in some areas, FEMA says
Homeowners in the nation’s most flood-prone areas are facing huge price increases for flood insurance that could cause hundreds of thousands of people to cancel their policies and risk financial ruin if their home is flooded.
Europe's green transition to persistently boost inflation, ECB's Schnabel says
Europe’s effort to wean its economy off Russian gas is likely to be a persistent boost to inflation even beyond the current spike, European Central Bank board member Isabel Schnabel says.
Only quick shift to 'net zero' emissions will boost GDP: Report
Cutting planet-warming emissions to "net zero" by 2050 could lift growth and employment but would require an inflation-boosting $160 per tonne carbon price by the end of the decade, an umbrella group of the world's top central banks say.
Climate change to be key element in next Canadian budget: finance minister
Climate change will be a key element in Canada's next federal budget, Canadian Finance Minister Bill Morneau said on Monday, as he kicked off public consultations on the spending bill.
A 'green interest rate?' Fed digs into climate change economics
In their deliberations on monetary policy, Federal Reserve policymakers need to consider many factors, but up to now, climate change has not been one of them.