Brian and I have agreed to try running some posts as short conversation starters instead of the much longer posts we have both produced in the past.
This conversation post was prompted by “The climate change panic button is coming” by Allan Kohler. It looks at climate change from a financial risk perspective, in particular how the rising number and size of climate change disasters is making is making it harder and harder for the insurance industry to the point where more and more insurance will become unaffordable. Banks will not lend money to projects that cannot be insured.
This post asks you to discuss what might be done to avoid or survive a future of shrinking insurance, shrinking loans and a deteriorating environment.
It is suggested that you read the Kohler article before commenting. Continue reading TIME TO PANIC ON CLIMATE ACTION