Michael Mann: ‘The First Stage to Un-Inhabitability Is Un-Insurability,’ That’s What We Are Seeing Now Due to Climate

EXCERPT:

MANN: “Yeah. You know, it’s interesting. It’s something that I saw down in 2020, I was down in Australia doing a sabbatical, when they experienced what they now call the Black Summer, this summer of unprecedented heat and drought and wildfires unlike anything they had seen before. And one of the things that happened, there are large areas now in Australia that aren’t insurable anymore because they’re just two fire-prone. Insurers don’t want to insure them. It’s not a good bet for them. And I said at the time, and it applied to Australia, that the first stage to un-inhabitability is un-insurability. If you can’t insure a home in a region, you’re not going to want to live there. And we’re seeing the same thing now on our coasts here with these battering storms, one after the next, insurers are going to pull out because it simply isn’t, you know, it’s too much of a risk for them. It’s, you know, it’s not a good bet for them to insure these homes. And again, the first stage to un-inhabitability is un-insurability. And that’s what we’re seeing now along our coasts here in the United States.”