27 min

Episode 4‪5‬ The Angry Clean Energy Guy

    • Business

With an estimated $30 trillion in assets under management, the insurance industry is a huge (but mostly invisible) force in influencing the direction of the global economy. Yet insurance companies are doing incredibly little to fight climate change -  and get away with it: Out of the largest 30 insurers in the world, 29 pretty much do not take the Paris Climate Agreement at all into account and continue to back new oil, gas and coal as well as collect vast premiums from existing oil, gas and coal projects. Collectively, their Paris Climate Agreement-related policies, where these exist at all, amount to not much more than a giant pile of  green-washing guff. 

With an estimated $30 trillion in assets under management, the insurance industry is a huge (but mostly invisible) force in influencing the direction of the global economy. Yet insurance companies are doing incredibly little to fight climate change -  and get away with it: Out of the largest 30 insurers in the world, 29 pretty much do not take the Paris Climate Agreement at all into account and continue to back new oil, gas and coal as well as collect vast premiums from existing oil, gas and coal projects. Collectively, their Paris Climate Agreement-related policies, where these exist at all, amount to not much more than a giant pile of  green-washing guff. 

27 min

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