“Insurers can play a major role in mitigating the risks associated with investments in newer and less mature technologies.”
“Swiss Re’s report published this week, entitled Building a sustainable energy future: risks and opportunities, highlights the key role insurers can play in facilitating the uptake of low carbon energy technologies.” [Clean Revolution]
Insurance companies invest their money in guaranteed money-making investments in order to grow, and to cover their growing liability exposure. What could be better than government-mandated ‘green’ energy that they can invest in? And the CO2 hysteria behind their investments makes them look good to low-information voters. Perfecto.
Reads like propaganda to inure customers to paying higher rates. Kinda like price-fixing by proxy.