Property damage and 95 deaths resulted from a flash flood in Rio de Janeiro following torrential rain yesterday.

Many individuals, companies and countries are exploring, experimenting and investing in the commercial deployment and use of low carbon fuels and power sources such as wind power, solar power, biomass and fuel cells.

Worldwide natural catastrophes and man-made disasters cost insurers $26 billion last year

Swiss Re said worldwide natural catastrophes and man-made disasters, which killed 15,000 people last year, cost insurers $26 billion, $26.5 billion less than the firm reported for 2008.