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A major new report from Swiss Re reveals a series of severe connective storms in the US accounted for 68% of the global catastrophe losses alone, costing $35bn
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Swiss RE has become the fourth insurer to leave the NZIA
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From July 2023, it will not provide individual insurance covers for oil and gas companies that are responsible for the world’s 10% most carbon-intensive oil and gas production
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Climeworks’ carbon removal solution filters carbon dioxide from ambient air using geothermal energy, with the captured CO2 sent for permanent storage in nearby rock layers
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The new projects in Illinois and Virginia will provide around 290MW of new capacity
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