Extreme weather will cost US well over $100bn this year
September 15, 2021, 4:45 am

Extreme weather will cost US well over $100bn this year

Biden-US-

The Sky News reported, President Biden said extreme weather will cost the US well over $100bn (£72bn) this year.

According to the Sky News, Mr Biden said nearly one in three American communities had been hit by weather disasters in the past few months.

Speaking at Colorado’s National Renewable Energy Laboratory, Mr Biden said: “We know what the driver is – climate change.

“We know what’s causing climate change – human activity.

“This is no longer subject to debate.”

The Sky News said, Biden words came as tropical storm Nicholas was soaking Texas and Louisiana with torrential rain, flooding streets and leaving many thousands of properties without power.

Just two weeks earlier Hurricane Ida killed more than 80 people across at least eight US states.

Earlier this week, Mr Biden visited the National Interagency Fire Center in Boise, Idaho, which has been operating at its highest level of deployment for two months.

Idaho and a handful of other western states have reported their hottest summers on record.

Mr Biden also visited California, which has had more than 7,400 wildfires this year, scorching more than 3,500 square miles.

The state’s second-largest fire on record – the Dixie Fire – has burned 1,500 square miles in the northern Sierra and southern Cascades region.

Mr Biden said: “We can’t ignore the reality that these wildfires are being supercharged by climate change.

“It isn’t about red or blue states. It’s about fires. Just fires.”

“Here’s the good news: Something that is caused by humans can be solved by humans.”

The US has set a goal to reach net zero emissions by 2050 while using solely carbon pollution-free power 15 years before that.

Mr Biden insisted this could be done in a way that “creates good jobs, lowers costs to consumers and businesses and makes us global leaders”.

The US president is pushing his $1.2trn infrastructure bill, saying that every dollar spent on resilience would save $6 in future costs.

Climate measures in the bill include tax incentives for electric vehicles, a civilian climate corps, and money to help the economy move towards renewable energy such as wind and solar.

Watch the Daily Climate Show at 6.30pm Monday to Friday on Sky News, the Sky News website and app, on YouTube and Twitter.

The show investigates how global warming is changing our landscape and highlights solutions to the crisis.

Source: skynews

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.