On the evening of Wednesday, 9 October, Pacific Gas & Electric began the process of cutting off the electricity supply for 2.4 million Californians in order to diminish its wildfire risk. Meteorological forecasts suggested dry, gusty winds in certain areas, … Continued
The Global Risks Report, now in its 13th edition, has become the vehicle for an international discussion of risk linked to the Davos World Economic Forum (WEF) the following week. Its findings in 2018 are generally unsurprising. The overall picture … Continued
The emerging carbon risk Carbon risk is systemic in nature. Tied to the future availability of carbon assets and triggered by environmental-related risks, the risk of a carbon “bubble” collapse has the potential to cause large fossil fuel companies (coal, … Continued