Fossil fuels are an insurance disaster
Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsurer Swiss Re warns. What do these things have in common? Fossil fuels make matters worse.
They release the greenhouse gases warming our planet and are the primary ingredients for plastics, of course. Swiss Re’s annual report flags new or changing risks that “could have a major impact on society and industry.” The damage that heat, heat-loving fungi, and plastics can do to...