Italy To Require Companies To Buy Climate Scam Insurance
And they wouldn’t even consider passing the costs on to consumers, right?
Insurance companies use climate hoax to force Italians to buy weather insurance.https://t.co/qKVpjMYSGC pic.twitter.com/KpIgBNyaYZ
— Steve Milloy (@JunkScience) December 3, 2024
From the link
Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural hazards that have become more common thanks to global warming. It’s the latest sign of Europe’s rising anxiety about climate change.
As the fastest-warming continent, its climate losses have increased by 2.9% a year from 2009 to 2023, according to the European Environment Agency. This year alone saw epic wildfires in Greece, a crippling drought in Sicily and costly floods in the UK, central Europe and Spain. And there’s still a month left.
No matter the continent the Warmists will claim it is the fastest warming continent. But, I’m confused: why is it warming when the government has forced their citizens to slowly give up their use of fossil fuels, outlawed certain types, replaced energy with solar and wind, and so much more?
That’s the insurance-protection gap — the difference between insured and uninsured losses from climate-related catastrophes, according to EIOPA data compiled from 1980 through 2021. The gap in Italy for all natural catastrophes is roughly 80%, based on Swiss Re research for the past decade. In the US, where insurers have fled states like California and Florida, the gap is a less onerous 42%.
There’s no such thing: weather happens. Always has, always will. Italy has a history of floods as far back as Italy has existed, easily back to when the Etruscans were the dominant force in Italy, the first true Italian civilization. And even further back. Because weather happens. This is all just a scam, and you can bet there will be lots of graft associated with this requirement.
The post Italy To Require Companies To Buy Climate Scam Insurance appeared first on Pirate’s Cove.
Source: https://www.thepiratescove.us/2024/12/03/italy-to-require-companies-to-buy-climate-scam-insurance/
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