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If global heating makes insurance unfeasible An executive of Allianz, one of the largest insurance companies, warns that if global heating makes insurance unfeasible, many other parts of the of the financial and market systems will cease to be possible. Even states cannot afford to insure when disasters become too frequent. If investments become so unpredictable that they are inherently unprofitable, neither individuals nor corporations nor states will be able to invest. As he says, all is not lost. We can fix this, if we apply the zero-emissions technology we already have — quickly. However, to do so depends on first defeating the planet roasters' political power, and that fight has been going against us. </li> |
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