First Street, which informs companies and individuals of their climate change risk exposure to flooding, wildfires and other hazards, raised $21 million in a Series A-1 funding round, the company first told Axios.
Why it matters: First Street taps into the growing demands for climate risk information among financial institutions and real estate companies as well as homeowners.
Organizers behind the Paris 2024 Olympic Games have touted their ambitious goal of slashing the international gathering's carbon footprint as a new standard for the event.
Why it matters: The realities of mass gatherings threaten to overshadow that goal, and experts and protesters alike suggest the Paris Games will hardly be the greenest.
Massive wildfires burning across the unusually hot and dry western U.S. and Canada have led thousands to evacuate, with reports of at least one fire in California and another in Oregon creating their own weather.
The big picture: 78 large fires are burning in the West, per the National Interagency Fire Center (NIFC). This includes 31 blazes in Oregon and 12 in California, as dangerously hot temperatures continued to roast the West.
On Sunday and Monday, Earth saw its warmest two days on record globally since at least 1940, according to the Copernicus Climate Change Service in Europe.
Threat level: "We are now in truly uncharted territory and as the climate keeps warming, we are bound to see new records being broken in future months and years," Copernicus director Carlo Buontempo said.
Kamala Harris is reminding voters of Donald Trump's April meeting with oil lobbyists, when he urged them to funnel dollars into his campaign while touting his pro-drilling agenda.
Why it matters: The vice president's remarks on Tuesday at a Milwaukee rally are Harris' first since becoming the presumptive nominee, and may preview campaign tactics to come.
By 2050, a majority of the world will be too hot in the late summer to safely host the Olympics, according to an Axios analysis of data from CarbonPlan, a nonprofit climate research organization.
Why it matters: The Paris Olympics shines a spotlight on extreme heat, with Athletes raising concerns about scorching temperatures, which could not only affect the health of athletes and attendees, but also impact performance.
