Global Climate Police Thwarted: US Republican States win against Net Zero Insurance Cartel

Octopus in the city image by Эльвина Якубова

By Jo Nova

23 US state Attorneys General blocked the insurance wing of the global climate police

After the States fired the first “Antitrust” volley across the bows, the largest insurance giants in the world ran for the exits. Within weeks, what was a 30 member alliance became a shell of a dozen minor insurance companies. The NZIA has effectively admitted defeat — announcing that members won’t need to set or report on their carbon targets. Phew.

In 2021 many stars of the insurance world rushed to join the global climate activist cartel — the Net Zero Insurers Alliance (NZIA) — which would have turned their industry into another branch of the global UN and WEF climate police. The plan was to make it hard for unfashionable businesses to get insurance unless they went “Net Zero” and followed the policies the UN and WEF billionaires wanted. Democracy be damned. This effectively would have dragooned the coal miners, airlines, farmers, and publishers — practically everyone who needs insurance, into setting “Net Zero” targets above and beyond their legal requirements. All businesses would have to say the right prayers to the […]

UN NetZero cartel wants to make Insurance Firms into “Climate Police” but giants are fleeing

By Jo Nova

Make no mistake, the UN “finance” cartel is the supermassive black hole at the centre of the climate-mafia galaxy.

The UN Environment Programme brags that across insurance, banking and investing, it has over 450 members representing more than $100 trillion dollars worth of carrots and sticks to beat up politicians and businesses with. These are the cogs and levers of the halls of global power.

Image by Amy from Pixabay

It’s a UN programme, but the first “target setting” rules were launched at Davos at the latest World Economic Forum (WEF) meeting — the skiing holiday for corporate rulers and their celebrity minions. The Big unelected political powers holidaying with the richest people in the world. Democracy on a barbecue.

In 2021 many Insurance giants had rushed to join the global climate activist cartel designed for their industry — the Net Zero Insurers Alliance (NZIA) — which would have turned the insurance industry into another form of climate police answerable to the UN or the WEF. But it’s all coming undone now, thanks to the 23 US States who are pressing the Antitrust button. I mean, imagine if all the competitors in an industry got […]

Warren Buffett says climate change made no difference to insurance on catastrophes

A CNBC show interviewed Warren Buffett — and in the context of talking about insurance shares — the billionaire (and Bershire Hathaway shareholders) are smiling all the way to the bank. Climate scientists may be predicting disasters, but as far as insurance goes, nothing much had changed.

Interviewer: How has the latest rise of extreme weather events changed the calculus on Ajit Jain in reinsurance?

Warren Buffett: “The public has the impression, because there has been so much talk about climate, that the events of the last ten years have been unusual. …They haven’t. We’ve been remarkably free of hurricanes in the last five years. If you’ve been writing hurricane insurance it’s been all profit.”

Warren Buffett: “So far the effects of climate change, if any, have not affected… the insurance market.

It has made no difference. I calculate the probabilities in terms of catastrophes no differently than a few years ago… that may change in ten years.”

Warren Buffett: “I love apocalyptic predictions, because … they probably do affect rates…”

Warren Buffett: “Writing US hurricane insurance has been very profitable in the last five or […]