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Climate, Insurance & the Next Financial Meltdown

January 5, 2012 by Marc Gunther
with 266 views
2

Well-to-do Brazilians are buying up luxury condos on the beach in Miami, The Times reported last week. “They are taking Miami by storm,” one real estate executive declared. It’s an unfortunate metaphor. [read more]

Nuclear Risk Insurance

August 22, 2011 by Barry Brook
with 360 views
1

It is often said by the anti-nuclearists that the commercial nuclear energy industry “can’t get insurance” against the risks of nuclear or radiological accidents, or that it is “uninsurable”. This is simply garbage, a myth, a load of baloney that gets exclaimed backwards and forwards between the anti-nuclearists, without any of them ever bothering to actually check the facts or do the research. It’s simply a meme, one of many nonsense pseudo-fact memes that persist in the community of people who are really just devout believers that nuclear energy is bad. [read more]

Is Nuclear Power Too Risky to Afford?

December 21, 2009 by Charles Barton
with 294 views
1

Currently anti-nuclear ideologues are touting the line that nuclear power is too expensive. But too expensive in what ways? Nuclear critics have pointed to a report by Citigroup Global Markets on Nuclear Risk Factors. It states: There are five substantial areas of risk faced by developers of new nuclear power stations. Three of those... [read more]

Insurers must disclose climate-change exposure

March 24, 2009 by Joseph Romm
with 109 views
0

Global warming is already having an impact on extreme weather disasters. In 2006 Peter Höppe, head of Munich Re’s Geo Risks department, co-chaired a workshop on the subject and told Nature: “Climate change may not be the dominant factor, but it has become clear that a relevant portion of damages can be attributed to global warming” (... [read more]

Green Insurance: Number of Climate Change-Related Products Doubles in 2007

October 29, 2007 by Stephen Del Percio
with 127 views
0

Ceres is a non-profit coalition of investors, environmental groups, and other public interest organizations that works with companies as they negotiate the issues implicated by sustainability and climate change. Last week, it released From Risk to Opportunity: 2007, Insurer Responses to Climate Change, a comprehensive overview of... [read more]