Coal power becoming ‚uninsurable‘ as firms refuse cover

19. Dezember 2019 Ausgabe 13, Newsletter

US insurers join retreat from European insurers meaning coal projects cannot be built or operated. The number of insurers withdrawing cover for coal projects more than doubled this year and for the first time US companies have taken action, leaving Lloyd’s of London and Asian insurers as the “last resort” for fossil fuels, according to a new report.
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