Without Insurance, Capitalism As We Know It Will Be Impossible
A major actor in the insurance industry predicts global warming will destroy capitalism because business cannot function without insurance.
A major actor in the insurance industry predicts global warming will destroy capitalism because business cannot function without insurance.
A little more than a month ago, I reported on an EY report, its biannual Renewable Energy Country Attractiveness Index (RECAI), that indicated once again the United States was #1 for renewable energy investment attractiveness. It and China are basically always at the top. A big part of this is simply the scale of opportunity in these major markets (along with the cost-competitiveness of wind and solar).
The Autonomy conference in Paris is special in that it features diverse panels of experts focused on everything from electric cars to electric scooters and bikes to electric aviation to city planning. A group discussion moderated by CleanTechnica Director Zachary Shahan considered how cities and governments around the world could promote, support, and protect two-wheelers in the city.
Microsoft’s new Volume Firming Assurance tool brings the insurance industry into the renewable energy picture to help calm the fears of nervous investors and promote more renewable energy for the world.
German reinsurance company Munich Re has joined other large insurance companies in announcing it will limit the number of investments in companies that rely on burning coal for their income, further ratcheting up the economic pressure on coal.
In this edition of the cleantech news roundup, we have news about the 2018 LEAF safety score, Paul Elio’s new cryptocurrency, first delivery of an Electra Meccanica Solo, an electric Aston Martin Lagonda, death by chocolate, EU plastic recycling and pesticide ban, environmental conservatism, and more.
One of the world’s largest insurers, Allianz, has announced it will immediately cease insuring single coal-fired power plants and coal mines and further plans to phase out all coal risks by 2040.
One of the coolest events in the world — Autonomy — is coming up in a couple of weeks in Paris (that’s in France, in case you haven’t heard of the city). I will be moderating two discussions there, but not the typical EV industry or solar industry stuff that I’m often tapped for.
For the past few decades, the simple message “no time to lose” has fallen on deaf ears, leaving many of us pushing for climate action feeling like Eric Idle in the homonymous Monty Python skit, in which he goes out of his way to help Michael Palin utter the four … [continued]
Two of the world’s biggest institutional investors announced this week that they would be joining the Portfolio Decarbonization Coalition. European financial services company Allianz, and Dutch pension giant ABP, revealed on Monday that they had joined the Portfolio Decarbonization Coalition (PDC), a group of investors committed to supporting the fight … [continued]