Weather and Business

From BloombergNews: Wall Street Embraces Weather Risk in New Era of Storms. Climate change revs up number, intensity of weather disasters. New high priests of finance: Forecasters who keep cash flowing

From IBM and AccuWeather Inc. to outfits like Riskpulse, Jupiter and DTN, companies that track weather have created an intensely competitive new industry in just the last five years. Their client lists have grown to include insurers, banks and commodity traders, engineers and architects, shippers, retailers and the travel industry. And little is done without their input.

As global warming makes extreme weather more common, meteorologists have become the high priests of finance, mitigating uncertainty and boosting risk-related profits. “There’s kind of a wave building,” said Tory Grieves, membership manager at The Collider, a North Carolina nonprofit that helps climate entrepreneurs train and network.

FEMA Building Science Fact Sheets

This is a five-page fact sheet: FEMA Building Science Resources to Help Reduce Risk and Improve Resilience. There are other documents in this series. Thanks to Chris Jones for this URL to the full list, which I could not readily locate.

Another source of related documents: Building Science and Risk MAP Fact Sheets. Thanks to FEMA’s Building Science Branch for this citation.

 

 

Politics of Disaster Relief

Impasse Over Aid for Puerto Rico Stalls Billions in Federal Disaster Relief

The Senate on Monday blocked billions of dollars in disaster aid for states across the country as Republicans and Democrats clashed over President Trump’s opposition to sending more food and infrastructure help to Puerto Rico.

Opposition came from both parties for different reasons. Most Republicans refused to endorse a recovery bill passed this year by the House. They cited Mr. Trump’s opposition to the bill’s Puerto Rico funding, as well as their own concerns that the bill lacked money for Midwestern states, like Iowa and Nebraska, that have since been devastated by flooding and tornadoes.