Post AVXGbb09KVYUNT0Zvs by MatthiasSchmelzer@mastodon.world
 (DIR) More posts by MatthiasSchmelzer@mastodon.world
 (DIR) Post #AVXGbb09KVYUNT0Zvs by MatthiasSchmelzer@mastodon.world
       2023-05-04T08:18:24Z
       
       0 likes, 1 repeats
       
       Within capitalism, insurers withdrawing from high-risk areas around wildfires and floods is a sure sign that the climate crisis is escalating.Capital produces the climate emergency, but will do everything not to pay for it.https://www.scientificamerican.com/article/climate-change-is-destabilizing-insurance-industry/
       
 (DIR) Post #AVXGbczruWWEZAtNlw by MatthiasSchmelzer@mastodon.world
       2023-05-05T11:10:27Z
       
       0 likes, 0 repeats
       
       “Just as the U.S. economy was overexposed to mortgage risk in 2008, the economy today is over exposed to climate risk", so PLC President Eric Andersen to a Senate committee.The stakes, however, are much larger regarding the #ClimateEmergency.