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JohnnyCanuck ,
@JohnnyCanuck@lemmy.ca avatar

Well they’ll plant some trees and buy some credits. Job done.

AllonzeeLV , (edited )

At this point, let’s just turn on everything on to make sure we finish the job 💀

Don’t want any surviving oligarchs commiserating on CB radios from their failing bunker compounds about how they were the sole voices of reason telling the evil peasants to stop polluting.

Good luck dolphin people! We didn’t leave a high bar, just keep an eye on any hyper-individualistic, antisocial, and greed based character defects in your nature, they’re species killers if left unchecked.

autotldr Bot ,

This is the best summary I could come up with:

AIG is the biggest underwriter of US coal, insuring seven mines producing 167m short tons in 2022, 28.1% of national output.

Lloyd’s declined to comment specifically on the report, but said its position remained that as all insurance in the market was underwritten by managing agents, not Lloyd’s itself, it is for the individual businesses that operate in the the company’s market to make their own business and strategy decisions.

He added: Other Lloyd’s members, managers, staff and investors need to step up, alongside civil society, and help to persuade their peers … to firmly commit to stop insuring all coal mining in OECD countries by 2030, and to reduce their coverage of coal by 50% by 2025, in line with the action taken by other leading insurers, as directed by climate science.”

Fear of financial losses amid increasing numbers of climate-related natural disasters have prompted some insurers to stop insuring homes and businesses in some areas – including entire US states – or drastically raise their premiums.

The report is based on public record requests for insurance certificates for the 25 biggest US mines producing more than 60% of the country’s coal.

They do not cover smaller mines, so European insurers may well be underwriting an even greater percentage of US coal production.

The original article contains 609 words, the summary contains 214 words. Saved 65%. I’m a bot and I’m open source!

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