August 31, 2017 1:44 PM EDT
As Harvey continues to wreak havoc in the Southeast, one issue is starting to emerge as a growing threat to public health and safety: Houston’s vast oil, gas, and chemical production landscape. We’ve already seen accidental releases of chemicals at facilities owned by ExxonMobil, Chevron, and others. Now we are seeing explosions at Arkema’s Crosby facility 20 miles northeast of Houston, due to power failures and flooding. And there remains a threat of additional explosions. Read more >
July 7, 2016 1:23 PM EDT
Lest we forget, climate change poses serious risks for businesses. It makes sense that the White House is increasingly interested in how well government suppliers are prepared for the impacts. Read more >
August 27, 2015 2:39 PM EDT
Ten years ago this week, a hurricane was gaining strength in the North Atlantic. Meteorologists worked around the clock to understand and predict its future path and strength. That path and strength, it turns out, would make the record books. Read more >
April 7, 2015 4:44 PM EDT
Last month, my colleague Christina Carlson and I released our report, Stormy Seas, Rising Risks: What Investors Should Know About Climate Change Impacts at Oil Refineries. The report analyzed the risk that five companies—Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66, and Valero—face from sea level rise and storm surge, and compared that to what risk companies did and did not disclose to their investors. Read more >
