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Tag Archives: catastrophes

Brazil Dammkollaps: Second dam raises new fear of catastrophes

Civil defense and military police evacuate people living near the Córrego do Feijão mine in Brumadinho, reports the Minas Gerais fire department. The fire brigade itself is on standby to provide emergency relief if the dam breaks, officials said. The fire brigade said that since early Sunday morning the alarm had been raised, the risk for the second dam – …

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PG & E warned investors against catastrophes. It was mostly ignored

(Bloomberg) – PG & E Corp. He repeatedly told investors that weather-related catastrophes were a risk, but many did not value enough until the company was about to go bankrupt. The company has added warnings to its database Regulatory filings and bids specifying how catastrophes such as forest fires, droughts and floods could impact on results or affect operations. However, …

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