Economy & Business

"Puerto Rico Closes $861M DOE Loan Guarantee For Huge Solar, Battery Project"

"The federal government has just finalized a $861 million loan guarantee to fund what will be Puerto Rico’s largest utility-scale solar and battery storage installations."

Source: Canary Media, 10/16/2024

"Where Climate Change Poses The Most And Least Risk To American Homeowners"

"In 2017, Angela and Donald Brudos moved to a modest, ranch-style house where the Caloosahatchee River empties into the vast calm of the Gulf of Mexico. Despite Florida’s reputation for extreme weather, it held out the promise of an affordable paradise where they could retire."

Source: Washington Post, 10/16/2024

Insurance 'Nightmare' Unfolds For Florida Homeowners After Two Hurricanes

"Bridgette Bello thought she’d taken proper precautions to protect against Florida’s notorious hurricanes, having purchased flood insurance as well as a separate hurricane-specific policy, in addition to her regular homeowners coverage. Yet nearly two weeks after Helene hit — and even before Milton had arrived — what Bello, 54, describes as an insurance “nightmare” has only begun."

Source: NBC News, 10/15/2024

Blue Ridge Parkway To Be Closed Indefinitely After Helene: Park Service

"The country’s most-visited national park site, the Blue Ridge Parkway, will remain closed indefinitely, the National Park Service (NPS) said Wednesday. The closure affects the entire length of the Blue Ridge Parkway, though some parts were hit harder than others by storm damage. It comes right as the region and scenic road typically see a boom in tourism, as weather cools and the leaves change colors."

Source: The Hill, 10/04/2024

"How the North Carolina Legislature Left Homes Vulnerable to Helene"

"The amount of rain that Tropical Storm Helene unleashed over North Carolina was so intense, no amount of preparation could have entirely prevented the destruction that ensued. But decisions made by state officials in the years leading up to Helene most likely made some of that damage worse, according to experts in building standards and disaster resilience."

Source: NYTimes, 10/04/2024

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