Image by Chris LeBoutillier.

In a major blow to the Paris ’15 climate agreement, last year witnessed one more nail in the coffin of the celebrated agreement to slow down CO2 emissions by 2030, as CO2, for the first time in modern history, enters the scientifically established danger zone. This agreement was/is meant to curtail global warming and hopefully save major ecosystems from collapse. But now, with too much noncompliance by countries and rapidly ascending CO2 emissions, Paris ‘15 is at rest in a coffin awaiting an un-ceremonial burial. Nobody wants to attend.

CO2 emissions went bonkers in 2024, up 3.75 ppm, a new all-time-record, smashing all prior years and looking very ominous with trouble likely ahead as global warming kicks into higher gear, raising the question of whether property/casualty insurance companies will survive the onslaught: (1) raging wildfires (2) atmospheric river cloudbursts (3) widespread flooding (4) skies blackened by tornados (5) scorching droughts (6) category 5 hurricanes, all of which follow in the footsteps of excessive greenhouse gases in the atmosphere.

It should be noted that the property/casualty insurance industry was already on the ropes with CO2 emissions lower. They’ve publicly admitted it! The following is a must-read article written by a key player in the worldwide insurance industry; frankly, a must-read for anybody concerned about the future: Climate, Risk, Insurance: The Future of Capitalism d/d March 25, 2025.

Within only a couple weeks of that standalone earth-shattering article that lays out the climate change-global warming disaster scenario from a senior member of the property/casualty insurance industry, Arctic News published a startling notice d/d April 14, 2025, Record High Increase in Carbon Dioxide, CO2, the primary target of the now-infamous Paris 2015 climate agreement. Oops! All Paris ’15 bets are off, as CO2 increased by a thundering record-shattering 3.75 ppm, a rocket ship blastoff by historic standards, and the future likely higher yet:

1960 0.96 ppm

1970 1.13 ppm

2000 1.24 ppm

2024 3.75 ppm

And that’s before the Trump administration turned the oil and gas spigot wide open along with a big push for coal as well as an ultra-ultra-massive rollback of environmental regulations, meaning the fossil........

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