Adani beware: coal is on the road to becoming completely uninsurable
- Written by John Quiggin, Professor, School of Economics, The University of Queensland
Insurers have to protect themselves against foreseeable risks. For insurers of fossil fuel projects, those risks are growing.ShutterstockThe announcement by Suncorp that it will no longer insure new thermal coal projects, along with a similar announcement by QBE Insurance a few months earlier, brings Australia into line with Europe where most...
Read more: Adani beware: coal is on the road to becoming completely uninsurable