Friday, March 05, 2004
The Environment "vs." the Economy
From Common Dreams:
posted by Blicero : 3/05/2004 04:36:00 PM
Insurer Warns of Global Warming CatastropheNow, Republicans obviously don't care about the health of the economy. But if we could convince them that greenhouse gases are anti-Christian, I think we could get moving on this problem.
GENEVA - The world's second-largest reinsurer, Swiss Re, warned on Wednesday that the costs of natural disasters, aggravated by global warming, threatened to spiral out of control, forcing the human race into a catastrophe of its own making.
In a report revealing how climate change is rising on the corporate agenda, Swiss Re said the economic costs of such disasters threatened to double to $150 billion (82 billion pounds) a year in 10 years, hitting insurers with $30-40 billion in claims, or the equivalent of one World Trade Center attack annually.
posted by Blicero : 3/05/2004 04:36:00 PM
