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Jupiter in the news
Media Coverage
Report: Gulf energy facilities face "imminent" climate risk
A new report warns three Houston-area petrochemical facilities are “highly vulnerable” to costly impacts from climate change. Jupiter estimated the plants would see three to eight times more damage from “extreme” flood events within the next 10 years.
Gulf chemical plants unprepared for increasing flood risk from climate change: report
In the report, Jupiter notes that the “very functionality” of the properties could be threatened in the coming decades if designs are not upgraded to prepare for climate change and could result in millions of dollars in equipment damages.
Climate change puts Houston’s electricity network at risk
“What’s as alarming is the real possibility, if not probability, that utility operators who rely on FEMA data are either ignoring or badly underestimating the scope of the actual flood risk they face,” Jupiter CEO Rich Sorkin said.
The New Due Diligence: Understanding the Climate-Related Vulnerabilities of Our Infrastructure
Jupiter CEO Rich Sorkin writes in POWER Magazine about how climate effects are expected to have outsized impacts on the infrastructure and operations of major public utilities in the coming decades.
Reports: Flooding risks could devalue Florida real estate
Jupiter’s projections for Miami-Dade County feature prominently in the Associated Press’s report. Several major news outlets picked up the news wire, including the New York Times, Washington Post, U.S. News & World Report, ABC News, Beaumont Enterprise, San Francisco Chronicle, Houston Chronicle, and Sacramento Bee.
Q&A: "Things will blow up" if you ignore climate risks
Jupiter CEO Rich Sorkin sat down with E&E News in Houston last week to discuss the intersection of energy, politics and climate change. Sorkin said the majority of companies Jupiter speaks with don’t question whether climate change is happening, but some still aren’t ready to act.
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