Source link : https://tech365.info/insurance-coverage-firms-cancelling-house-proprietor-insurance-coverage-are-supporting-lng-terminals-cleantechnica/
Final Up to date on: seventh June 2025, 11:58 am
The identical insurance coverage corporations which can be refusing to insure houses in lots of areas of the US due to local weather associated dangers are doubling down on insuring LNG terminals that can make world heating worse. Discuss being two-faced! The issue is, the insurance coverage corporations are making a lot cash from the LNG initiatives that they’ve locked their consciences, their morals, their scruples, and their cojones in a vault and thrown away the important thing.
Individuals who stay alongside the Gulf Coast from Port Arthur, Texas, to Lake Charles, Louisiana, have realized the arduous means that fossil gas and petrochemical corporations have sacrificed them on the altar of greed. Nonetheless, they suppose they could get leverage over the insurance coverage corporations by subjecting them to public shaming. The Rainforest Motion Community helps their trigger.
With the failed US president now floundering his means by means of a second time period, virtually two dozen new LNG terminals or expansions of present ones are being pushed ahead with the lively encouragement of the US authorities. Most of them are positioned close to Port Arthur, Texas, and Cameron Parish, Louisiana, areas the place the residents are primarily Black or Brown and poor.
These are referred to as “sacrifice zones,” that are outlined by the UN as “extremely contaminated areas where vulnerable and marginalized groups bear a…
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Author : tech365
Publish date : 2025-06-08 01:10:00
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