Climate washing” litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate claims about their contribution to tackling climate change, a report published on Thursday showed.
Tag: climate changes
Most Americans Don’t Have Enough Flood Insurance for Climate Change
U.S. homeowners face $18.8 billion in flood damage annually. Insurance premiums set by the federal government for those homes would cover less than one quarter of that potential damage. And the worst part? Nobody knew it until today. These numbers come from a new report by First Street Foundation, a nonprofit dedicated to making climate… Continue reading Most Americans Don’t Have Enough Flood Insurance for Climate Change
The Global Insurance Industry’s $6 Billion Existential Threat: Coal Power
Insurance companies face catastrophic damage from climate change, yet they continue insuring and funding the biggest cause of those damages instead of preventing the “existential threat” of inaction on climate policy. Extreme weather driven by climate change is creating record losses for insurers and their customers, and if left unchecked, those losses could triple within… Continue reading The Global Insurance Industry’s $6 Billion Existential Threat: Coal Power