climate change cost

Hydropower Losses From California's Drought Cost Ratepayers $1.4 Billion

April 15, 2015 by Katherine Tweed

Drought and Hydopower Impacts

The diminished hydropower capacity of California’s dams cost electricity customers a total of $1.4 billion in the past three years, according to a study from the Pacific Institute. When the 2007 to 2009 drought is taken into account, the figure rises to $2.4 billion.[read more]

Not on My Balance Sheet: Climate Change, Fossil Fuels, and Stranded Assets

August 4, 2014 by Kate Rosow Chrisman

Climate Change and Fossil Fuel Assets

This week is shaping up to be rough for the US coal industry. The EPA is holding hearings on plans to dramatically cut carbon-dioxide emissions released from US power plants and the Obama administration just published a report on the economic consequences of waiting to act on climate change.[read more]

Open Sourcing Risky Business

July 2, 2014 by Catherine Wolfram

Open Sourcing and Risk

A lot of the recent policy discussion, and many of our blog posts, have been focusing on the highly difficult task of trying to slow down climate change. It is useful to remind ourselves of the various difficulties associated with NOT slowing climate change.[read more]

Climate Change is Risky For Business

June 26, 2014 by NRDC Switchboard

Risky Business, an organization founded by Tom Steyer, Hank Paulson, and Michael Bloomberg, three giants of the business world, released a report detailing the extraordinary risks that climate change poses to the nation’s economy and to the future business climate in the United States.[read more]

The $4 Trillion Mistake: Climate Action Delayed Is Climate Action Denied

May 19, 2014 by Joseph Romm

Climate Change Action and Need

The International Energy Agency has issued another major report warning that we are headed for a beyond-catastrophic 11°F warming (6°C). The IEA report, “Energy Technology Perspectives," explains that delaying climate action has cost the world trillions of dollars in just the past two years.[read more]