Stress test: Californian insurance industry heavily overexposed to coal risk

Madeleine Cuff
clock • 3 min read

Industry-wide analysis reveals insurance sector has exposure to coal consistent with trajectory for six degrees of warming

The California Department of Insurance (CDI) has become the first US financial regulator to conduct a climate-related financial risk stress test and analysis of insurers' exposure to fossil fuels, in what...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Government announces £22m boost to Port Talbot Transition funding

Government announces £22m boost to Port Talbot Transition funding

Additional funding takes total available to support skills programmes and local investment initiatives to over £140m

James Murray
clock 18 December 2025 • 4 min read
Royal Academy of Engineering awards £39m to scale up climate innovations

Royal Academy of Engineering awards £39m to scale up climate innovations

Inaugural cohort of 13 engineers to receive £3m each to develop range of innovative climate solutions

Stuart Stone
clock 18 December 2025 • 3 min read
Grangemouth: £150m funding package to boost energy efficiency, cut carbon, and protect 500 jobs

Grangemouth: £150m funding package to boost energy efficiency, cut carbon, and protect 500 jobs

Government pledges joint investment with INEOS, as plans to transform former oil refinery site into ‘low carbon manufacturing hub’ accelerate

Stuart Stone
clock 17 December 2025 • 4 min read