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  1. Embed this notice
    Rocketman (slothrop@chaos.social)'s status on Friday, 10-Jan-2025 16:05:11 JST Rocketman Rocketman

    Here’s a suggestion:

    (Re-)insurance companies could lawyer up, and sue the living daylights out of the fossil fuel industry.

    Governments could help by making laws that enable this.

    https://flipboard.com/@bloomberg/economics-j192g76fz/-/a-klVSJWiKSviZ6POyQ4zNRg%3Aa%3A3195391-%2F0

    In conversation about 5 months ago from chaos.social permalink
    • Embed this notice
      Dave (laird_dave@chaos.social)'s status on Friday, 10-Jan-2025 16:06:04 JST Dave Dave
      in reply to

      @slothrop fight capitalism with capitalism. I like it.

      In conversation about 5 months ago permalink
    • Embed this notice
      Rocketman (slothrop@chaos.social)'s status on Friday, 10-Jan-2025 16:07:39 JST Rocketman Rocketman
      in reply to
      • Dave

      @Laird_Dave Yes

      We all know how persistent and annoying insurers can be.

      Let’s leverage their strengths!

      In conversation about 5 months ago permalink
    • Embed this notice
      Dave (laird_dave@chaos.social)'s status on Friday, 10-Jan-2025 16:09:25 JST Dave Dave
      in reply to

      @slothrop on the other hand: a lot of insurers are directly invested in fossil energies and have little incentive to hurt their investments.

      Both parties have powerful lobbies, so seeing that pay out *would* be interesting.

      However, the capitalists will just partner up and fuck over the little guy, so nothing will come of this, I fear.

      In conversation about 5 months ago permalink
    • Embed this notice
      Rocketman (slothrop@chaos.social)'s status on Friday, 10-Jan-2025 16:13:16 JST Rocketman Rocketman
      in reply to
      • Dave

      @Laird_Dave Yes, that’s definitely the more likely outcome.

      However: Reinsurers like Swiss Re or Munich Re have long been relatively public about the likely costs of the climate disaster. As they should - it’s core to their financial performance.

      In conversation about 5 months ago permalink

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