Climate Biz: Experts have long cautioned companies to consider potential business losses caused by a warming planet and related regulations. Now a global property and casualty insurance group is offering businesses insurance to reduce their exposure to environmental risks. The ACE Group of Companies on Monday launched ACE Green, a slew of insurance products to help protect businesses from environmental and climate-changed losses. ACE Green, for instance, covers companies involved in carbon capture and storage (CCS), emissions reductions projects and traders of emissions reduction credits across borders, among others.
"Companies across the world need to embrace measures that help to combat the risks associated with climate and environmental change," John Keogh, CEO of ACE Overseas General. "Ignoring environmental responsibilities is no longer an option."....
Storm approaching Anna Bay in New South Wales, Australia, Shot by Warrenlead69, Wikimedia Commons, under the terms of the GNU Free Documentation License, Version 1.2
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