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Absent Federal action... insurance companies should act.

Discussion in 'Energy, Environment, and Policy' started by nwdiver, May 8, 2016.

  1. nwdiver

    nwdiver Active Member

    Joined:
    Feb 17, 2013
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    Location:
    United States
    Here's a thought... since a carbon tax is so politically toxic... perhaps insurance companies should act. Instead of spreading increased rates due to rising claims from climate disasters across all rate payers... force the people that bear the most blame to shoulder those costs. Drive an ICE... that's an extra $20/mo. No solar panels on your house? That's an extra $500/yr...

    The Fort Mac climate disaster will likely cost >$1B. Seems unfair to force everyone to pay for those rising rates...
     

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