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LA Times: Paying out billions of dollars here and billions of dollars there has made the global insurance industry a believer in climate change, according to a new study that shows insurance companies are staunch advocates for reducing carbon emissions and minimizing the risk posed by increasingly severe weather events.
"Climate change stands as a stress test for insurance, the world's largest industry with U.S. $4.6 trillion in revenues, 7% of the global economy,' writes Evan Mills, a scientist at the......
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Climate change taken seriously by insurance industry, study says
Posted by Washington Post: Juliet Eilperin on December 14th, 2012
Posted in Water Conservation