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I live in Florida, where the insurance premiums for the collection of condominiums I call home have doubled and then tripled within a few short years, thanks to more frequent and more powerful storms attributed to burning fossil fuels. I have been telling people for years that, in the final analysis, insurance companies will determine where we can and cannot live.
The insurance industry is quite simple. It needs to take in more money than it pays out. Lately, it has been the other way around as multiple hurricanes and forest fires have led to massive losses. Many of those losses are the result of flooding. Warmer air holds more moisture, which leads to heavier rains. The fossil fuels we use to power our world are responsible for much of the rise in ambient temperatures that lead to more moisture in the air.
Montpelier, …