Without Insurance, Capitalism As We Know It Will Be Impossible - CleanTechnica

The End Of Capitalism? Probably.

No, this diary is not about Trump- well, maybe a little- but about the deniers in general. It’s about that other little bugbear, climate change, and the coming shocks. You can only bury your head for so long. The financial crisis is coming; look around...

Without Insurance, Capitalism As We Know It Will Be Impossible - CleanTechnica

A major actor in the insurance industry predicts global warming will destroy capitalism because business cannot function without insurance. The post Without Insurance, Capitalism As We Know It Will Be Impossible appeared first on CleanTechnica.

Can the climate crisis "destroy" capitalism? Because the impacts of extreme weather events will ultimately make the financial system incapable of operating. This is the unwarranted warning issued by one of the top leaders of the insurance world. It is a bit the snake that bites its tail, because it is our economic activities - based on the capitalist system - that have led to this climate crisis.

Climate Violence Is Coming for Rich Countries, and They’re Not Ready

As the world warms, the West learns it’s not exempt The post Climate Violence Is Coming for Rich Countries, and They’re Not Ready first appeared on The Walrus.

A study published in the journal Environmental Research Letters on Monday (31 March 2025) indicates that a 4°C increase in global temperature could reduce average wealth by 40%. The research shows that even if short- and long-term greenhouse gas emission targets are met, global temperatures are expected to rise by 2.1°C. Here is the full text (PDF – 2MB). The Australian scientists responsible for the study also suggest that an increase of at lea…

Without Insurance, Capitalism As We Know It Will Be Impossible

A major actor in the insurance industry predicts global warming will destroy capitalism because business cannot function without insurance. The post Without Insurance, Capitalism As We Know It Will Be Impossible appeared first on CleanTechnica.