Insurance

Insurance companies play a significant role in determining the extent of the climate impacts that we all face.

Insurance companies play a significant role in determining the extent of the climate impacts that we all face. Without insurance, fossil fuel companies cannot dig new coal mines, build new tar sand pipelines and expand oil and gas production. Once built, fossil fuel infrastructure locks us into dirty and expensive energy that is causing climate change and harming public health. Insurance companies are supposed to protect us from catastrophic risks. Yet when it comes to the largest threat to humanity – climate change – insurers are perpetuating dependence on fossil fuels by insuring new coal, oil and gas projects. Our best insurance is to keep fossil fuels in the ground. Insurance companies play a significant role in determining the extent of the climate impacts that we all face. Without insurance, fossil fuel companies cannot dig new coal mines, build new tar sand pipelines and expand oil and gas production. Once built, fossil fuel infrastructure locks us into dirty and expensive energy that is causing climate change and harming public health.

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Why is the insurance industry helping the climate crisis?

Insure Our Future
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The Insurance Industry is Covering Coal

Insure Our Future
"Fossil fuel companies need insurance, but insurance does not need the fossil fuel industry."
Sulakshana, Boston

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