Why Insurers Are Reducing Coverage In Florida, California

A house is fully engulfed by flames at the Dixie Fire, a wildfire near the town of Greenville
The insurance industry is becoming increasingly sensitive to the effects of climate change on their businesses. Some insurers are reducing coverage or new policies in California and Florida. This raises difficult questions about the future of doing business in certain regions of the United States, too.
More news
China is already the world's largest producer of renewable energy

China Leading In World's Wind And Solar Race But Still Struggles With One Issue

"Given China's outsized role in adding to carbon pollution, it needs to move away from coal power-- fast. Yet when clean power runs short, including when climate-fueled drought shuts hydropower plants down, China falls back on coal. To succeed at emissions reduction, China needs to break that cycle," climate risk expert Alice C. Hill told IBT.
EU officials say US green energy subsidies are discriminatory against European carmakers

Europe In Crossfire Of US-China Economic Rivalry

The economic confrontation between the United States and China has put Europe in the crossfire, with Washington's plan to boost green industries threatening to cause collateral damage to a key ally.


IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.