Insure Our Survival spokesperson Steve Tooze said:
“The insurance industry has the power to stop the fossil fuel industry in its tracks by withdrawing the insurance that protects them from huge financial losses when things go wrong in a high-risk industry.
“Currently, insurers are refusing to use that power. Instead, they are choosing to bet on profits from underwriting oil, gas and coal projects that are accelerating the climate crisis to levels that could destroy our civilisation in our lifetimes.
“In effect, Insurers are insuring the worst people in the world to dig up more fossil fuels that cause extreme weather and flood our homes. Then they are charging us more and more to insure our homes against the increasing risk of flooding.
“The campaign’s actions from October 28 onwards will be designed to show what the insurance industry’s heartless strategy means to billions of people, including people in the UK: flooding, food shortages and social unrest and collapse.
“But it doesn’t have to be this way. Insurance executives can be the heroes who stop the fossil fuel companies destroying our future by withdrawing their support from this high-risk, civilisation-wrecking sector that will otherwise destroy everything we love.”
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Insure Our Survival spokesperson Steve Tooze said:
“The insurance industry has the power to stop the fossil fuel industry in its tracks by withdrawing the insurance that protects them from huge financial losses when things go wrong in a high-risk industry.
“Currently, insurers are refusing to use that power. Instead, they are choosing to bet on profits from underwriting oil, gas and coal projects that are accelerating the climate crisis to levels that could destroy our civilisation in our lifetimes.
“In effect, Insurers are insuring the worst people in the world to dig up more fossil fuels that cause extreme weather and flood our homes. Then they are charging us more and more to insure our homes against the increasing risk of flooding.
“The campaign’s actions from October 28 onwards will be designed to show what the insurance industry’s heartless strategy means to billions of people, including people in the UK: flooding, food shortages and social unrest and collapse.
“But it doesn’t have to be this way. Insurance executives can be the heroes who stop the fossil fuel companies destroying our future by withdrawing their support from this high-risk, civilisation-wrecking sector that will otherwise destroy everything we love.”
[Extinction Rebellion UK](https://extinctionrebellion.uk/2024/10/14/insurers-given-14-days-to-dump-fossil-fuel-criminals/)