The Canaries in the Coal mine

From its origins in the coffee houses of London during the late seventeenth century until now, the modern insurance industry has always been affected by the vagaries of the weather. The Lutine Bell traditionally rang out in the Lloyd’s Building in London to alert underwriters to impending bad news like the sinking of a merchantman…

Divestment: The rights and wrongs

Climate-driven divestment is all the rage. Recent high-profile announcements by large investors, such as the Norwegian sovereign wealth fund, that they are considering selling out of companies whose business relies on the production or consumption of coal has set the cat among the pigeons in the fossil fuels world. The coal lobby has denounced the…