Keyword
climate change
Liberals set plan to phase out coal by 2030, with flexibility for Nova Scotia
November 21, 2016 The Canadian PressOTTAWA – The Liberal government is moving to phase out the use of coal-fired electricity in Canada by 2030 as part of its overall clean-energy strategy. The goal is to make sure 90 per cent of Canada’s electricity comes from…
2016 set to be hottest year on record: World Meteorological Organization
November 14, 2016 by Canadian Underwriter2016 is “very likely” to be the hottest year on record, with global temperatures even higher than the record-breaking temperatures in 2015, according to an assessment by the World Meteorological Organization (WMO), the United Nation’s agency on weather, climate and…
Half of smart city objectives will include climate change, resilience and sustainability key performance indicators by 2020: Gartner
November 10, 2016 by Canadian UnderwriterBy 2020, half of all smart city objectives will include climate change, resilience and sustainability key performance indicators (KPIs), Gartner, Inc., the Stamford, Conn.-based information technology research and advisory company reported. Cities are defining new objectives and placing them into…
Vancouver planning additional measures to combat damage, costs associated with sea level rise
October 31, 2016 by Canadian Underwriter“Sitting on the sidelines is not an option while climate change threatens our future,” Vancouver Mayor Gregor Robertson emphasized last week in announcing the city’s next moves to prepare for sea level rise over the next century. “The massive costs…
New Brunswick committee on climate change calls for ‘carbon pricing mechanism’
October 25, 2016 The Canadian PressFREDERICTON – A New Brunswick legislature committee on climate change is recommending the province establish a “made-in-New Brunswick carbon pricing mechanism.” It was one of 85 recommendations made in the all-party committee’s final report released on Monday. But the committee…
Insurance industry must work to reduce protection gap, burden on governments
October 25, 2016 by Canadian UnderwriterThe insurance industry needs to capitalize on its unique risk understanding to reduce the financial burden on governments in light of “the daunting scale of the protection gap,” Nick Frankland, CEO of EMEA operations for Guy Carpenter & Company, LLC,…
Human-caused climate change has doubled western U.S. forest fire area, new study finds
October 12, 2016 by Canadian UnderwriterHuman-caused climate change has nearly doubled the amount of land burned in forest fires in the western portion of the United States over the past three decades, according to a new study from researchers at Columbia University and the University…
IBC applauds federal government’s approach to carbon pricing
October 4, 2016 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) has applauded the Government of Canada’s pan-Canadian approach to pricing carbon pollution. “IBC congratulates the government on today’s carbon pricing announcement,” IBC president and CEO Don Forgeron said in a statement on Monday. “Severe…
National carbon price to be $10 a tonne in 2018, $50 by 2022, Trudeau says
October 3, 2016 The Canadian PressOTTAWA – Prime Minister Justin Trudeau has pre-empted climate change negotiations with Canada’s premiers, announcing that the federal government will impose a pan-Canadian floor price on carbon pollution. Trudeau revealed Monday his plan to reduce greenhouse gas emissions, starting in…
East Anglia prof warns of ‘real major challenge’ in limiting average world temperature increase to 2 Celsius
September 29, 2016 Seth Borenstein - THE ASSOCIATED PRESSWASHINGTON, D.C. – A team of top scientists is telling world leaders to stop congratulating themselves on the Paris agreement to fight climate change because if more isn’t done, global temperatures will likely hit dangerous warming levels in about 35…
Changing climate is raising forest fire risk, says Natural Resources Canada annual report
September 28, 2016 Bruce Cheadle - THE CANADIAN PRESSOTTAWA – A new government report says that by the end of this century a changing climate is expected to at least double the area burned each year by forest fires in Canada. The 2015 annual forest assessment by Natural…
Fort Mac wildfire more than an “earnings event” for some insurers, domestic market posts $1 billion underwriting loss in H1: MSA
September 28, 2016 by Canadian UnderwriterThe Fort McMurray wildfire may have been an “earnings event” for the largest insurers in Canada’s property and casualty industry, but that was not the case for some smaller regional writers, notes the newly released MSA Quarterly Outlook Report for…