Tag Archives | Climate Denial

How climate denial is fueling a U.S. homeowners insurance crisis and risking a 2008-style financial meltdown

Originally published: Institute for New Economic Thinking on February 13, 2025 by Lynn Parramore (more by Institute for New Economic Thinking) | (Posted Feb 17, 2025)

New research reveals that rising insurance costs, reckless building, regulatory inaction, and big banks’ fossil fuel investments are driving a dangerous cycle that jeopardizes homeowners—and financial stability for everyone.