Tourists are booking cooler, quieter and less crowded vacations this year, pivoting away from Europe’s traditional summer hotspots amid growing concerns over blistering heat and raging wildfires. The trend reaffirms the phenomenon of so-called “coolcations” — a portmanteau of “cool” and “vacation,” which refers to tourists seeking cooler climes instead of a hot, peak-summer destination….
An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California. Mario Tama | Getty Images News | Getty Images The California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for…
Vanuatu’s Climate Change Minister Ralph Regenvanu (C) delivers a speech as he attends a demonstration ahead of the International Court of Justice (ICJ) session tasked with issuing the first Advisory Opinion (AO) on States’ legal obligations to address climate change, in The Hague on July 23, 2025. John Thys | Afp | Getty Images Gripped…
Voltify plans to build a series of energy microgrids to power its locomotive batteries, as shown in this computer-generated image. Voltify Daphna Langer has a bold ambition: To decarbonize the rail industry in less than a decade. How? By convincing U.S. freight railroad companies to switch from diesel power to rechargeable batteries — part of…
Runwise co-founders (L-R) Jeff Carleton, Lee Hoffman and Mike Cook. Courtesy of Runwise A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large…
A firefighting helicopter flies near as a home burns from the Mountain Fire on November 6, 2024 in Camarillo, California. David Mcnew | Getty Images News | Getty Images Top insurers fear the climate crisis could soon outpace industry solutions, effectively threatening to make entire regions around the world uninsurable. Günther Thallinger, a board member…
An aerial view of agricultural workers washing grapes, with a mixture of water, olive oil and potassium carbonate called “posata” to make them look brighter and protect them from the burning rays of the sun in Menemen Plain of Izmir, Turkiye, on Aug. 27, 2024. Anadolu | Anadolu | Getty Images The chief executive of…
A worker helps board up windows at Joey and Brenda Bermudez’s home that was damage by a recent tornado at the Elkhorn Ranch neighborhood in Elbert County on May 19, 2025. RJ Sangosti | MediaNews Group | Denver Post | Getty Images Global insured losses for the first half of this year have reached $84…
A drone view shows flooded houses, following torrential rains that unleashed flash floods along the Guadalupe River in San Angelo, Texas, on June 4, 2025, in this screen grab obtained from a social media video. Patrick Keely | Patrick Keely Via Reuters ‘Every home can be exposed’ Texas is one of the most flood-prone areas…
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Tesla CEO Elon Musk, who bombarded President Donald Trump‘s signature spending bill for weeks, on Friday made his first comments since the legislation…
