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Australia Begins Tallying Cost Of Fire Crisis As Country Braces For Worsening Conditions
News

Australia Begins Tallying Cost Of Fire Crisis As Country Braces For Worsening Conditions

The blazes have ravaged large swathes of the country since September, and the Insurance Council of Australia said Tuesday it estimates the national damage bill to be at $700M AUS (about $481M in U.S. dollars) thus far. Nearly 2,000 homes have been ...

Jan 07, 2020
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Why NorCal's Shut-Off, Fire Cost Are So Hard To Quantify, And Why That Matters
News

Why NorCal's Shut-Off, Fire Cost Are So Hard To Quantify, And Why That Matters

... help its widespread power shut-offs gave Californians in avoiding wildfires. The utility’s legal filings, however, tell another ... almost 1 million customers on three separate occasions prevented wildfires from sparking 190 separate times, the utility said in ...

Dec 02, 2019
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Microgrids, Solar Panels And Batteries: Is Electricity Becoming A Luxury For Californians?
News

Microgrids, Solar Panels And Batteries: Is Electricity Becoming A Luxury For Californians?

... Pacific Gas & Electric in an effort to avoid sparking wildfires. Those Public Safety Power Shutoffs, or PSPS, resulted in ... brought on by its possible culpability in earlier catastrophic wildfires, policymakers and consumer advocates are pushing to have the ...

Dec 02, 2019
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After NorCal's Fires And Shut-Offs, Investors Re-Evaluate Regional Risks
News

After NorCal's Fires And Shut-Offs, Investors Re-Evaluate Regional Risks

For instance, Pigman Cos. CEO Kris Pigman, owner and developer of the 34-acre Napa Commerce Center and its distribution buildings, is confident that the region's wine industry will need industrial space to store its barrels for the foreseeable future. "We ...

Nov 12, 2019
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After California's Fires, Paradise Offers Lessons In Rebuilding And Resilience
News

After California's Fires, Paradise Offers Lessons In Rebuilding And Resilience

... state of rebuilding in the areas where wildfires were is affecting the workflow.  To make ... other areas that were affected by the wildfires in recent years. The homes will be ... down to the ground by the recent wildfires. Emotionally, it is a long road to ...

Nov 07, 2019
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An aerial view of the Ronald Reagan Presidential Foundation and Institute in Simil Valley. A growing brush fire is threatening the former president's library.
News

New Wildfires In SoCal Threatening Ronald Reagan Presidential Library

As of 10 a.m. PST, the so-called Easy Fire in the Simi Valley area of Ventura County, about 40 miles north of downtown Los Angeles, has charred 1,300 acres, threatening 6,500 homes, 1,000 structures and the Reagan Library, according to the Ventura County ...

Oct 30, 2019
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Evacuating 4,000 Residents And Spooked By PG&E: How CRE Is Doing Business In The Fire Disaster Zone
News

Evacuating 4,000 Residents And Spooked By PG&E: How CRE Is Doing Business In The Fire Disaster Zone

... ." Have you or your business been affected by the recent wildfires? Let us know your story at editors@bisnow.com.

Oct 30, 2019
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Climate Change Risk Runs Higher In Some Places Than Others
News

Climate Change Risk Runs Higher In Some Places Than Others

... National Oceanic and Atmospheric Administration estimates, natural disasters (floods, mudslides, wildfires) in the U.S. in 2017 cost more than $300B ...

Oct 24, 2019
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A view of the Saddleridge Fire from Santa Clarita
News

More Than 165 Structures Damaged, Destroyed In SoCal Fires

The Saddleridge Fire, which broke out late Thursday night in Sylmar, has burned nearly 8,000 acres and damaged or destroyed 75 homes or commercial structures as of Monday morning, according to the Los Angeles Fire Department. Fire authorities said the ...

Oct 14, 2019
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A building in one of the designated opportunity zone tracts in Long Beach
News

In California, Opportunity Zones Have Become A Partisan Tug Of War

... builders to build 3.5 million housing units by 2025. Wildfires continue to ravage and destroy homes in the state, further ...

Oct 13, 2019
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