Lawrence Solomon: Climate insurance - FP Comment

That Greenpeace orchestrated the reinsurers' conversion into public advocates for climate change reform, however, is a delusion. The reinsurance industry, then as now, had an interest in extreme weather events and it knew where its interest lay -- if CO2 did exacerbate climate, the reinsurers would have had a financial incentive to pump more of it into the atmosphere. Whether or not CO2 exacerbates climate catastrophes, the reinsurers have an incentive to make us believe that it does, and with many of us they have succeeded.