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Fossil fuels are quickly becoming a liability
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Unum
2018-07-09 21:35:28 UTC
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https://www.engadget.com/2018/07/08/insurance-giant-stops-covering-firms-that-depend-on-coal/

Insurance giant Swiss Re has enacted a policy that refuses coverage to any
company that either generates 30 percent or more of its revenue from coal
power, or uses at least 30 percent coal power to run its operations. Swiss Re
touted the move as reflecting its commitment to limiting global warming (it
made a pledge in 2015 alongside the Paris climate accord), but it also casts
this as a shrewd business move.

The insurer noted that it's trying to "minimize sustainability risks." Lower
emissions and renewable energy are simply better for its business -- it's less
likely to pay out if it keeps climate change and pollution (not to mention use
of finite resources) in check. Likewise, it sees investing in solar and wind
power as ways of driving down its risks.
R Kym Horsell
2018-07-09 22:13:00 UTC
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Post by Unum
https://www.engadget.com/2018/07/08/insurance-giant-stops-covering-firms-that-depend-on-coal/
Insurance giant Swiss Re has enacted a policy that refuses coverage to any
company that either generates 30 percent or more of its revenue from coal
power, or uses at least 30 percent coal power to run its operations. Swiss Re
touted the move as reflecting its commitment to limiting global warming (it
made a pledge in 2015 alongside the Paris climate accord), but it also casts
this as a shrewd business move.
The insurer noted that it's trying to "minimize sustainability risks." Lower
emissions and renewable energy are simply better for its business -- it's less
likely to pay out if it keeps climate change and pollution (not to mention use
of finite resources) in check. Likewise, it sees investing in solar and wind
power as ways of driving down its risks.
As da hillbillies now say -- evvytin gets sick and old and dies.
Eben Big Goop.
--
Temperature, precipitation and nachl weather disasters by state:

State Avtemp Precip #weather $bn disasters
(C) (mm/mo) (1980-)
FL 21.61 450.78 27
LA 19.00 506.91 19
MS 17.46 485.81 11
GA 17.11 416.13 4
AL 17.05 473.88 9
TX 16.81 246.88 47
SC 16.74 398.11 5
AZ 16.50 102.58 5
AR 15.70 411.13 5
NC 15.09 414.39 7
OK 15.09 280.12 16
CA 15.03 190.09 24
TN 14.17 443.72 6
MD 12.67 362.81 1
VA 12.58 360.83 4
KS 12.56 254.60 13
MO 12.55 354.62 10
NM 12.30 123.35 4
IN 11.30 360.17 3
WV 11.18 377.21 2
IL 10.79 330.72 8
OH 10.22 325.38 19
RI 9.83 392.46 2
NE 9.76 214.25 4
PA 9.73 360.40 2
MA 9.45 403.17 1
IA 8.90 282.57 1
CO 8.10 122.08 16
NY 7.94 344.85 5
SD 7.47 173.79 4
MI 7.14 280.30 3
VT 6.59 329.66 1
WI 6.48 270.22 2
MT 6.23 123.43 4
ME 5.99 372.00 5
MN 5.21 233.37 6
ND 4.76 150.60 4
NH 4.46 354.41 1

REWEIGHTED LEAST SQUARES BASED ON THE LMS
*****************************************

VARIABLE COEFFICIENT STAND. ERROR T - VALUE P - VALUE
----------------------------------------------------------------------
temp 0.24494 0.10577 2.31581 0.02906
precip -0.00192 0.00405 -0.47421 0.63947
CONSTANT 1.90142 1.37147 1.38641 0.17786

WEIGHTED SUM OF SQUARES = 102.44998
DEGREES OF FREEDOM = 25
SCALE ESTIMATE = 2.02435
COEFFICIENT OF DETERMINATION (R SQUARED) = 0.18320
THE F-VALUE = 2.804 (WITH 2 AND 25 DF) P - VALUE = 0.07970
THERE ARE 28 POINTS WITH NON-ZERO WEIGHT.
AVERAGE WEIGHT = 0.73684
Hillbilly Davis
2018-07-09 23:16:47 UTC
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On Mon, 9 Jul 2018 22:13:00 +0000 (UTC), R Kym Horsell says...
Post by R Kym Horsell
Post by Unum
https://www.engadget.com/2018/07/08/insurance-giant-stops-covering-firms-that-depend-on-coal/
Insurance giant Swiss Re has enacted a policy that refuses coverage to any
company that either generates 30 percent or more of its revenue from coal
power, or uses at least 30 percent coal power to run its operations. Swiss Re
touted the move as reflecting its commitment to limiting global warming (it
made a pledge in 2015 alongside the Paris climate accord), but it also casts
this as a shrewd business move.
The insurer noted that it's trying to "minimize sustainability risks." Lower
emissions and renewable energy are simply better for its business -- it's less
likely to pay out if it keeps climate change and pollution (not to mention use
of finite resources) in check. Likewise, it sees investing in solar and wind
power as ways of driving down its risks.
As da hillbillies now say -- evvytin gets sick and old and dies.
Eben Big Goop.
Typical backwoods dumbass bogan...

coal power

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