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Climate Change

HSBC in hot water after this climate change comment

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A senior banking executive has reportedly been suspended for accusing other bankers of exaggerating the financial risks of climate change

The HSBC staffer says “there’s always some nut job telling me about the end of the world.”

Suart Kirk is believed to be behind the comments, he is who is the “Head of Responsible Investing” at the bank’s asset management division.

His role involves making investments based on environmental and social issues.

Kirk reportedly gave a presentation titled “why investors need not worry about climate risk” at a conference last week.

The firm’s executives have distanced themselves from the comments.

They say they do not agree with their colleague.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

Climate Change

Hurricane Ian could be Florida’s deadliest storm

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Hurricane Ian could be Florida’s deadliest storm as it continues north towards South Carolina

U.S. President Joe Biden says Hurricane Ian could be the deadliest storm in the region’s history, with early reports suggesting substantial loss of life.

Biden spoke at an afternoon briefing at the headquarters of the Federal Emergency Management Agency (Fema).

Ian made landfall on Wednesday local time near the city of Fort Myers. It has led to severe flooding, high winds and storm surges.

Several areas remain submerged, and more than 2.5 million homes are without power.

Many residents are trapped in their homes and unable to escape. Search and rescue teams are working around the clock to provide assistance where they can.

5,000 Florida National Guard troops and 2,000 Guardsman from surrounding states have been deployed.

Eight teams with 800 members are carrying out search and rescue operations.

More than 200 public shelters have now been opened, housing around 34,000 people.

The National Hurricane Centre has downgraded Ian to a tropical storm for now but warns it will likely become a hurricane again later.

The entire coast of South Carolina is just the latest region to be placed on high alert as the storm continues north on its path of destruction.

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Climate Change

Hurricane Fiona intensifies as it heads for Canada

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Hurricane Fiona intensifies to a Category 4 storm

Hurricane Fiona has intensified to a Category 4 storm as it makes its way to Bermuda and Canada.

This follows the storm carving a destructive path through the Dominican Republic and Puerto Rico.

Here, wind gusts of up to 215 km per hour were recorded. The conditions triggered flash flooding and landslides.

So far, it has left at least eight people dead. Thousands of residents in affected areas have been left without access to basic services.

In Puerto Rico, 40 per cent of the island’s 3.3 million residents are still without power as rebuilding begins.

For many of these residents, the memory of Hurricane Maria back in just 2017 is still so real. 3,000 people died and the island was without power for a week following this storm.

Eric Blake is the acting branch chief for the NHC in Miami. He said Bermuda will see high surf, storm surges, heavy rainfall and powerful winds. This will be the case even if it keeps on its current path and passes to the west of the island.

It’s expected the storm will be at its worst by late Thursday.

“Hopefully, the core of the storm will stay west, but it could still jog east and hit Bermuda,” Blake said.

Fiona could reach Canada’s Atlantic coast by Friday.

 

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Climate Change

Hurricane Fiona: Concerns as storm strengthens

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Hurricane Fiona wreaks havoc across multiple Islands, as Bermuda and Colorado brace for impact

A powerful category 3 storm has hit Turks and Caicos Islands, heavy rainfall and strong life-threatening flooding has caused havoc throughout the streets of the Dominican Republic and Puerto Rico.

Credit: CNBC

The gust has killed four people in Puerto Rico and is quickly spreading to other areas with heavy torrential rain and winds.

Authorities are urging people to evacuate these areas as the flood levels are rising and the forceful winds have damaged homes, cars and buildings.

The storm has left homes without water and electricity and there are now concerns that the storm will increase to a category 4 as it gets close to the Bermuda and Canada over the coming days.

Credit: WMO

Many residents are in disbelief of how intense the downpour was and are struggling to pick up the debris and destruction.

A Category 4 storm has “catastrophic” wind speeds and a Category 5 hurricane has wind speeds of between 252kmh.

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