In the U.S., between 2020 and 2024, the total cost of major weather related disasters averaged about $150 billion per year. That’s more than five times the annual average during the 1980s, even after adjusting for inflation. At the same time as they’ve gotten more costly, major disasters have become more frequent. Inevitably, increasing losses have begun to strain property insurers. In some areas, like parts of California, premiums have gone up drastically. In some markets, insurance is now o...
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In the U.S., between 2020 and 2024, the total cost of major weather related disasters averaged about $150 billion per year. That’s more than five times the annual average during the 1980s, even after adjusting for inflation. At the same time as they’ve gotten more costly, major disasters have become more frequent. Inevitably, increasing losses have begun to strain property insurers. In some areas, like parts of California, premiums have gone up drastically. In some markets, insurance is now o...
Ep. 21: Power grid expert Rob Gramlich, on the challenges and opportunities of transmission infrastructure improvement
Financial Climate
42 minutes
1 month ago
Ep. 21: Power grid expert Rob Gramlich, on the challenges and opportunities of transmission infrastructure improvement
Anyone paying even a bit of attention to climate solutions knows that we’ve seen in recent years tremendous development of wind and solar power generation. Most people also understand that that development needs to continue, along with deployment of other carbon-free power sources. But in order for the clean energy transition to succeed, we also need to make ambitious improvements to America’s transmission grid. The transmission system is a vast, intricate, nationwide machine that most ...
Financial Climate
In the U.S., between 2020 and 2024, the total cost of major weather related disasters averaged about $150 billion per year. That’s more than five times the annual average during the 1980s, even after adjusting for inflation. At the same time as they’ve gotten more costly, major disasters have become more frequent. Inevitably, increasing losses have begun to strain property insurers. In some areas, like parts of California, premiums have gone up drastically. In some markets, insurance is now o...
