this post was submitted on 29 Apr 2024
33 points (100.0% liked)
Climate - truthful information about climate, related activism and politics.
5105 readers
492 users here now
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
@silence7
Insurance industry on the brink ? They made record profits last year and flooding in northern Australia is now stupidly underwritten by the federal government.
----
Australia's QBE Insurance annual profit more than doubles
https://www.reuters.com/business/finance/australias-qbe-insurance-annual-profit-more-than-doubles-higher-premium-income-2024-02-15/
https://kpmg.com/au/en/home/media/press-releases/2023/03/rising-premium-prices-spark-5-year-high-insurance-sector-profit-march-2023.html
----
The industry itself is hugly profitable, the real question is, how much longer can this ponzi insurance last ?
Australins are some of the biggest climate deniers on the planet, with zero moves to making a sustainable continent. As an Australian my empathy lies with the impoverished in other parts of the world, which our emsisions are destroying.