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U.S. Hit with 90% of the World's Disaster Costs in 2012

2013-01-07 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: The United States led the world in disaster losses last year as a massive drought seared Midwestern crops in the field and as superstorm-driven waves wreaked havoc and blackouts along the East Coast. They added up to one of the most expensive weather damage years on record. Nearly all the world's economic damage from storms, drought, fire and earthquakes was centered in the United States as it experienced the highest temperatures ever recorded, according to Munich Re, a global reinsurance company....

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United States: Experts Advise Cuomo on Disaster Measures

2013-01-04 10:18:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Two panels of experts charged with studying how New York can better prepare for disasters like Hurricane Sandy said Thursday that the state should create a strategic fuel reserve, require some gas stations to install generators and update its building codes. The commissions, which Gov. Andrew M. Cuomo appointed in November shortly after the storm hit, offered preliminary recommendations so that the governor could consider including some of them in his State of the State address on Wednesday. The...

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Transocean agrees to pay $1.4bn for Gulf oil disaster

2013-01-04 01:00:00| Offshore Technology

Switzerland-based offshore drilling company Transocean has reached an agreement with the US Department of Justice to pay $1.4bn to settle all civil and criminal claims relating to the 2010 Deepwater Horizon accident in the Gulf of Mexico.

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Transocean to pay record $1.4 billion in civil and criminal fines and penalties for role in Deepwater Horizon disaster

2013-01-03 22:30:54| Green Car Congress

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Jan. 1 Farm Bill Extension Deal is a Disaster for Farmers

2013-01-03 00:30:00| Corn & Soybean Digest

Source: National Sustainable Agriculture Coalition The farm bill extension deal reached in negotiations between Senate Minority Leader Mitch McConnell and Vice President Joe Biden is a disaster for farmers and the American people. The nine-month extension measure was attached to the bigger fiscal cliff bill and passed by the Senate and House. read more

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