llewelly on Nostr: for decades there was a belief among some that eventually, the insurance industry ...

for decades there was a belief among some that eventually, the insurance industry would see financial reasons to force governments and businesses to do something about fossil-fuel driven global warming.

in reality, insurers spent the whole time colluding with the fossil fuel industry to spread denialism. Now that some regions have become difficult to insure, they just abandon regions wholesale, while standing firm with industries that still have massive emissions.