Risks to the electric grid due to severe weather, natural catastrophes and climate change can cause losses in the billions of dollars, and while threats make our energy future more uncertain there is a role for risk transfer and potentially the capital markets in helping to stave off economic disruption.
A new report published by reinsurance firm Swiss Re but authored by students at the Johns Hopkins University School of Advanced International Studies (SAIS) explains that the electric grid is among the most important pieces of our critical infrastructure, but is also one of the most exposed to natural disasters, weather and climate related threats.
No person or place is immune from disasters or disaster-related losses, and recent events have proven that even prepared communities can be overwhelmed in a state of emergency. Our reports provide guidelines and targeted resources for all stakeholders in a disaster response, including state and local governments, emergency medical services and health care centers. Read these online for free. CLICK HERE - Related Books
longislandpress.com - June 12th 2016 - Rich Murdocco
The 2016 Atlantic hurricane season may have officially begun June 1, but there’s already been significant activity. Recently making waves, Colin was the third named tropical storm to churn up the coast before going out to sea, marking an early record.
The National Oceanic and Atmospheric Administration has predicted that 10 to 16 named storms will form this year, with four to eight of them becoming hurricanes. (VIEW COMPLETE ARTICLE)
Image: This map shows various coastal storm damage risk management strategies communities can use to adapt to increased flood risk by 2100 (at a non-specific location). Although specific communities should consider a range of all possible solutions based on site-specific conditions, not all strategies to reduce coastal storm damage risk are structural solutions. A text-only version of this information is available at the bottom of the page.
nad.usace.army.mil
The U.S. Army Corps of Engineers recently completed a report detailing the results of a two-year study to address coastal storm and flood risk to vulnerable populations, property, ecosystems, and infrastructure affected by Hurricane Sandy in the United States' North Atlantic region.
