Wellington’s 30-point plan to deal with the devastation of a major disaster
Wellington homeowners could be forced to earthquake strengthen their houses if new regulations proposed to future-proof the city against disasters go ahead. In a bid to make the capital more resilient against the crippling impact of a big earthquake, a group of experts, led by Wellington City Council, has proposed the city consider making it compulsory for all new houses to be built with solar panels, emergency water tanks and bike spaces. The group has also proposed new regulations that would require home owners to secure their chimneys, joists…
Here is how Global Warming could trigger the next financial crisis
Move over mortgages. There is something much, much bigger to worry about, and harder to curtail, and far more likely to cause the next financial crisis: global warming. That is the conclusion by the new report published recently by the Bank of Canada. The report is mainly focused on reinsurance industry….