Climate Change Dispatch by H. Sterling Burnett on Jan 8, 2021
Large insurance corporations stand to make huge profits by using the excuse of climate change risks to raise rates, regardless of whether the climate fears actually materialize.
Despite this financial self-interest in inflating climate fears, the mainstream media are trumpeting new and misleading claims by insurance giant Munich Re that climate change caused record disasters in 2020.
The truth is that weather- and climate-related disasters are declining as the Earth modestly warms.
Reuters, CNBC, the New York Times, and many other prominent media outlets published articles today uncritically promoting a new Munich Re paper claiming 2020 was a record year for climate change disasters.
The Munich Re paper reads like a thinly disguised sales pitch, stoking alarm about weather events and telling readers they can have more peace of mind and financial stability if they simply spend more money on the insurance policies that pad Munich Re’s billions of dollars in annual profits.
More:
https://climatechangedispatch.com/big-insurance-carriers-falsely-claim-climate-change-causing-record-disasters/
