Climate change protesters continued to focus on Lloyd’s of London as the fossil fuel industry’s main insurer by setting off a stink bomb outside the market headquarters in London. The activist group, Insurance Rebellion, is calling on the UK government and the insurance industry to stop supporting UK development of the West Cumbria coal mine… Continue reading Protesters Set Off a Stink Bomb at Lloyd’s Amid Continued Climate Change Activism
Tag: Paris Agreement
Fighting Climate Change Will Cost Companies Trillions: Allianz Report
Fighting climate change will cost companies worldwide nearly $2.5-trillion over the next 10 years, according to an estimate by Allianz. The German insurer analysed the most important measures currently enacted or under discussion to rein in global warming and found that the energy sector alone will be hit with an additional cost of $900bn. Further… Continue reading Fighting Climate Change Will Cost Companies Trillions: Allianz Report
Investors, Including Insurers, Step Up Pressure on Global Energy Watchdog Over Climate Change
Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency’s projections for fossil fuel demand. Pension funds, insurers and large companies were among 65 signatories of a joint letter to Birol, seen by Reuters, urging him to do… Continue reading Investors, Including Insurers, Step Up Pressure on Global Energy Watchdog Over Climate Change