New York SBDC Research Network

By Kristin Manganello From ThomasNet Although “climate” is often used interchangeably with “weather,” the two are related but different. “Weather” refers to day-to-day atmospheric conditions and precipitation, whereas “climate” refers to the larger pattern of weather. Earth’s climate system consists of five components: the atmosphere (air), the hydrosphere (all fresh and saltwater), the cryosphere (ice), the lithosphere (solid land), and the biosphere (all living plants and animals). Although weather and natural disasters have always been unpredictable to a certain degree, climate change has made it more difficult to predict the timing and severity of these events. This means that managing supply chains has become more challenging on several fronts. These recent events serve as a reminder that warehouses, roads, railroads, power plants, and other critical facilities are extremely susceptible to the elements. “Extreme weather events can have a catastrophic effect on the productio...

    U.S. insurer class action may signal wave     of climate-change suits     BY  MICA ROSENBERG     Fri May 16, 2014 4:17pm EDT Farmers Insurance filed nine class actions last month against nearly 200 communities in the Chicago area. It is arguing that local governments should have known rising global temperatures would lead to heavier rains and did not do enough to fortify their sewers and stormwater drains. The legal debate may center on whether an uptick in  natural disasters  is foreseeable or an "act of God." The cases raise the question of how city governments should manage their budgets before costly emergencies occur.       "We will see more and more cases," said Michael Gerrard, director of the Center for Climate Change Law at Columbia Law School in New York. "No one is expected to plan for the 500-year storm, but if horrible events are happening with increasing frequency, that ma...