One person was found dead on Friday in a rain-swollen flood-control channel in the Orange County town of Garden Grove, which could mark the third storm-related fatality on the West Coast since Thursday. The Ventura County Fire Department said its personnel responded to 37 calls for assistance due to flooding and a second-story balcony collapsed in the Los...» Read More
CNBC's Jane Wells takes a look at how the drought in California is impacting the beer business.
JOHANNESBURG, Sept 26- Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa- unique instruments that will enable the world's poorest continent to tap both capital markets and donor funds to bolster its defenses against extreme weather events such as prolonged drought or extreme heat.
California's drought is causing a huge problem for rice growers.
*Neumann pegs Brazil's 2015 coffee crop at 45 mln bags. NEW YORK/ LONDON, Aug 26- ICE arabica coffee futures rallied 5 percent on Tuesday after a leading trade house forecast a fall in top grower Brazil's 2015/ 16 production, reinforcing concerns about long-term crop damage from the drought earlier this year.
Aug 25- A package of bills aimed at regulating drought-parched California's stressed groundwater supplies has come under fire from agricultural interests, injecting doubt into the measures' fates in the waning days of the state's legislative session this week.
In California, water agencies are giving out rebates for residents if they install fake grass. CNBC's Jane Wells spoke to A Lucky Lawn's owner, Drew McClellan, about his creative and profitable fix.
CNBC's Jane Wells reports water agencies are spending big money on rebates to get people to rip out their lawns and replace the grass with drought tolerant plants or fake turf.
Treasury Wine Estates of Australia has now received a second multi-billion takeover bid. CNBC's Jane Wells says the bidder is reportedly TPG, but the company has no comment.
Start-ups are riding to the rescue of droughts in California. CNBC's Josh Lipton reports on these efforts.
CNBC's Josh Lipton looks at how tech start-up Terravion is helping California farms and wineries combat the drought.
Neel Kashkari, (R-Calif.) gubernatorial candidate, provides his take on the nation's economic recovery.
Often Americans take the price and value of water for granted, explains Tim Winter, Gabelli & Company head of utility research, in discussing how to play water utilities.
Usage on smartphone application VizSAFE has grown 150 percent in the last month, reports CNBC's Jane Wells. VizSAFE allows users to turn in their neighbor for using too much water.
CNBC's Jane Wells reports California residents are using a new app called VizSAFE to report water violations in the drought stricken state.
Hardeep Walia, Motif Investing co-founder, says climate change, despite the naysayers, is getting worse. He advises investors on two approaches to profiting from the trend, or shorting the climate change motif.
Over 80 percent of California is now in extreme or exceptional drought. CNBC's Jane Wells reports UC Davis predicts this will cost the state $2.2 billion.
CNBC's Jane Wells reports illegal pot production is disrupting California's water supply.
Marijuana is facing a new hurdle in the state of California. CNBC's Jane Wells reports how illegal pot production is contributing to the state's drought problem.
Coffee prices have dropped 5 percent over the last month, but are still one of the year's biggest commodity gainers. CNBC's Jane Wells reports the drought in Brazil may not be as bad as expected.
CNBC's Jane Wells discusses how the drought in Brazil is affecting coffee prices.