Osborne's investment programme is all about carbon production. Most especially he wants to build roads. And yet as the FT reports this morning:
Insurers have issued a rare warning that the speed at which the oceans are warming is threatening their ability to sell affordable policies in a growing number of places around the world.
Parts of the UK and the US state of Florida were already facing “a risk environment that is uninsurable”, said the global insurance industry trade body, the Geneva Association.
Insurers argue the[ir] commitment [to insure all houses] is no longer viable, in large part because of a lack of investment in flood defences, and they want ministers to introduce a scheme to subsidise insurance for high-risk households.
So we have Osborne investing in creating global warming when what we need is protection from it.
Wrong again George.
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One of the best examples of where collective action is better than ‘market solutions.’
For years the Tories have seen the car and road haulage as the great symbol of individual ‘freedom’ and continue to do so. Labour follows suit. Things will not change hear until it all hits the fan with a vengeance. Tories wave the flag for an abstract nationalism but continue to support the carving up of our small country with a network of concrete. WE know that more roads = more congestion. Only when the problem comes through their windows will something be done.