Aside from the impacts on the insurance industry, I’m sure Al Gore will be expanding his marketing efforts to sell carbon credits at a profit. He may even fly to distant places more often in his private jet to attend more Climate Change conferences. He may stay at more ocean-front villas he buys, despite the chance they may soon be under water, literally, not financially.
Aside from the impacts on the insurance industry, I’m sure Al Gore will be expanding his marketing efforts to sell carbon credits at a profit. He may even fly to distant places more often in his private jet to attend more Climate Change conferences. He may stay at more ocean-front villas he buys, despite the chance they may soon be under water, literally, not financially.
Al Gore probably has one of the largest carbon footprints on the planet, probably second only to Obama’s. What a pair of hypocrites.
Dave, there is money to be made in the Global Warming, Rising Seas market and that is what they are shooting for.
Contrary to what you state by saying “The COP21 agreement will go into force following ratification by the governments by 2020”, COP21 Decisions are already operational and the Paris Agreement will enter into force much earlier than 2020 – if not even in 2016. See http://www.climatechangenews.com/2016/04/01/uns-paris-climate-deal-could-enter-into-force-this-year/ and https://www.yahoo.com/news/u-n-climate-chief-predicts-paris-deal-effect-172249695.html
To be kept updated on the Paris Agreement see http://www.accordodiparigi.it – and on the role of insurance, including for climate change, see http://www.economicswebinstitute.org/essays/insurance.htm