Climate & Environment

John Gibbons: Could insurers be the ones to make fossil fuel giants listen on climate risk?

The insurance sector, dubbed the Achilles heel of the fossil fuel industry, is in crisis due to the increasing frequency of climate-fuelled extreme weather events – something energy giants may no longer be able to ignore

Under water: the penny is slowly dropping that the biggest existential threat facing the entire insurance industry is the rapid destabilisation of the global climate system as a result of fast-rising carbon dioxide levels. Picture: Getty