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Public utilities fall short on wildfire risk mitigation

Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center of the infernos.It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. A failure to mitigate these risks can have disastrous consequences for both fire victims and utility investors.Through interviews with experts and a review of public records, CNBC found evidence of safety shortcomings in the utility…

Research reveals regions in US where heat adaptation and mitigation efforts can most benefit future populations

Credit: Unsplash/CC0 Public Domain Extreme heat waves, once considered rare, are now frequent and severe in cities due to climate change. Phoenix faced such a brutal heat wave in July of 2023 when it endured 31 consecutive days of high temperatures of at least 110° F. The severity of the heat wave triggered a state of emergency. In June of 2021, the town of Lytton, B.C., Canada, hit a blistering 121° F, leading to a fire that…

Study identifies the ‘fingerprints’ of energy models exploring emission mitigation scenarios

Framework of model fingerprints. Explanation of the framework that is used to compute model fingerprints. The five diagnostic indicator dimensions are shown in colors: responsiveness (green), mitigation strategies (yellow), energy supply (blue), energy demand (red) and costs and effort (purple). The framework uses the statistics of the ensemble to visualize the results of a single model, resulting in a circular diagram per model. The inner circle…

Delaying methane mitigation increases risk of breaching Paris Agreement climate goal, study finds

Changes are shown for (a) global wetland CH4 emissions, (b) atmospheric CH4 concentration, (c) atmospheric CO2 concentration, and (d) surface air temperature (SAT) relative to 2006-2015 for different initiation of CH4 mitigation under the assumption that all non-CH4 forcing agents (including CO2) from anthropogenic sources evolve according to SSP1-2.6. The variability in the SAT curves is associated with the solar cycle. Credit: Communications Earth…

Safe Security funding: Saket Modi-founded cyber-risk mitigation firm Safe Security raises $50 million

Safe Security, earlier called Lucideus, on Tuesday said it has raised $50 million in a funding round dubbed Series B and led by Sorenson Capital, a Utah-based venture capital fund.Returning investors in this round include Fidelity Investments’ venture capital arm Eight Roads, Telstra Ventures and WTI, said a statement by Safe Security.The latest infusion, which takes Safe Security's total funding to over $100 million, comes at a time when startups are facing a funding winter as inflationary pressures hit sales cycles as…

How a ‘Carbon Cage’ Blocks Climate Mitigation

The majority of humans on the planet are now feeling the effects of climate breakdown. With the planet 1.2 degrees Celsius warmer than preindustrial levels, devastating wildfires, heat waves, floods, droughts and storms are increasingly affecting the everyday lives of people and communities across the globe. Scientific analysis shows that these climate-related disasters, whether sudden, like hurricanes, or gradual, like sea-level rise, will intensify in the years to come. If we do not take immediate and drastic action to…