Europe’s heatwaves threaten insurers’ earnings, rating agency S&P says

Tens of thousands of people faced another night away from home on Monday as a wind-driven wildfire threatened Reno, Nevada, blanketing the city in smoke and closing schools. About 24,000 people remained under evacuation orders, down from more than 40,000 at the peak, while tens of thousands more were on alert.

Exclusive: Economic harm of CO2 pollution from Rosebank and Jackdaw forecast to far outweigh any boost to UK The climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis. It estimates the economic damage caused by the carbon pollution from the oil and gas produced would be between £119bn and £336bn in the coming decades, compared with the £28.7bn in value to the UK estimated by Adura, the fossil fuel company promoting the new fields...

True figure likely to be much higher as it only covers about half of continent and does not include August totals At least 35,000 more people died during Europe’s four record-breaking, back-to-back heatwaves this summer than would normally be expected, according to incomplete figures from barely half the continent. Excess mortality in three of the EU’s larger countries – Germany, France and Spain – alone has already exceeded 25,000, according to the provisional national figures, and experts say the toll will rise significantly once August totals are consolidated...