New York legislators passed a bill last week that would charge fossil-fuel companies a total of $3 billion a year for 25 years to pay for costs associated with climate change.
Tag: fossil-fuel
Insight: Coal Miners Forced to Save for a Rainy Day by Insurance Snub
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel.
Stop Insuring Carbon Projects ‘Immediately’, Activists Tell Bosses
A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects.
Climate Activists Protest Outside Chubb CEO Greenberg’s NYC Home
On Thursday climate activists built a two-story mock oil derrick outside the NYC home of Chubb CEO Evan Greenberg in protest of the insurer’s climate record.
Vulnerability a Key Driver of Emerging World Climate Policy Commitments: WTW
Commitment on climate policy in the emerging world is strongest in countries most vulnerable to the impacts of global warming and in those with effective governments, but weakest in those reliant on fossil-fuel income, according to new analysis by Oxford Analytica and WTW, a leading global advisory, broking, and solutions company. Of 62 nations and… Continue reading Vulnerability a Key Driver of Emerging World Climate Policy Commitments: WTW