As COP 26 finishes up, where have we got to? The world’s promises, if they are kept, have improved the likely outcome by nearly 1 degree Celsius. So far, though, most countries have made promises, rather than committing to legislation or policy.Continue Reading
How should actuaries advise their companies on climate change? Increasingly all financial institutions need to consider the impact of the risks associated with climate change on their core businesses. Even if they aren’t exposed to the physical risks of climate change (as general insurers are), other risks are increasing and need to be managed.Continue Reading
Climate change affects extremes more than you think. If the distribution shifts even a little bit to be hotter/wetter/drier/windier, then even without changing the likelihood of extremes, the very rare extremes we were used to become much more likely. Continue Reading
As Sydney continues to be ringed by fire, it seems a good time to repost something I wrote about extreme weather events after the Black Saturday bushfires. I’m with Adam Bandt, now is the time to be talking about climate change, and its impact on the extremes of weather.Continue Reading
John Connor, CEO of the Climate Institute, made a speech today talking about bushfires. I’ve been pondering one of his key points for the last two weeks, ever since the bushfires. Climate change is not just about warmer weather, it is about wilder weather. One of the lessons I learnedContinue Reading