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U.S., U.K. try to stem fallout from Silicon Valley Bank collapse

apnews.com - By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ - March 13, 2023

U.S. regulators worked through the weekend to find a buyer for the bank, which had more than $200 billion in assets and catered to tech startups, venture capital firms, and well-paid technology workers.

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Silicon Valley Bank Collapse Threatens Climate Start-Ups

As the fallout of the collapse of Silicon Valley Bank continued to spread over the weekend, it became clear that some of the worst casualties were companies developing solutions for the climate crisis.

The bank, the largest to fail since 2008, worked with more than 1,550 technology firms that are creating solar, hydrogen and battery storage projects. According to its website, the bank issued them billions in loans.

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Here are the U.S. cities most vulnerable to climate change, according to Moody’s

People look at the Golden Gate Bridge at a vista point during a rainfall on January 15, 2023 in Sausalito, California - Liu Guanguan | China News Service | Getty Images

cnbc.com - by Emma Newburger - February 24, 2023

Climate change poses a significant threat to the economies of U.S. cities. Here are the U.S. cities most vulnerable economically to climate change, according to Moody’s . . .

 . . . transition risk can prove just as important as physical risk, if not more so . . . a very bleak forecast for the long-term future of oil and gas production carries significant weight in the early Policy scenario . . . An early Policy action scenario is based on near-immediate mandates going into place to combat climate change’s impacts . . .

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