Environment

That’s what happens when there’s a monopoly, said Mr. Poulton, the Lloyd’s underwriter. Over the years, he said, he has noticed that his customers are buying Lloyd’s earthquake insurance because it includes flood coverage. They do not like the government’s flood insurance because payouts are capped at $250,000 and have…

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The White House put out a statement Friday that seemed to undercut the high level of confidence of the report’s findings. “The climate has changed and is always changing,” Raj Shah, a White House spokesman, said in the statement. “As the Climate Science Special Report states, the magnitude of future…

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Canada’s filthy tar sands are the world’s most carbon-intensive petroleum source, and in the boom years, they flooded the country with so much filthy money that the country spent a decade making war on science and trashing democratic fundamentals in a bid to sustain the tar-sands bubble. The…

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The recent trumpist trumpeting about the plans of Chinese manufacturer Foxconn to open a manufacturing facility in Wisconsin omitted a few key details — like the fact that Foxconn is being given a sweetheart tax-break that’s topped up with 15 years’ worth of guarantees of up to $200m/year in…

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