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A May 14 New York Times article by Eduardo Porter titled “For Insurers, No Doubts on Climate Change” has been getting quite a bit of play lately, judging from how often we’ve been pinged on Twitter about it. Correcting errors in the NYT’s coverage of global warming (alias “climate change”) would be a full-time job, but this one deserves to be called out.
Porter tells readers it is somehow important or significant that property and casualty insurance companies are repeating the unscientific claims and predictions of environmentalists about global warming. He mentions that those companies stopped funding The Heartland Institute because of our stand on the issue… though he doesn’t report that they only stopped last year when their identities were revealed by Peter Gleick as part of the Fakegate scandal. Did they oppose our stand before then? Apparently not.
Porter makes a key admission in this article that exposes the lie:
“And insurers can raise premiums or even drop coverage to adjust to higher risks. Indeed, despite Sandy and drought, property and casualty insurance in the United States was more profitable in 2012 than in 2011, according to the Property Casualty Insurers Association of America.”
No kidding! Everybody knows property and casualty insurers can raise rates and make more profits if they exaggerate the threat of global warming, and they do. Their reports aren’t science, they are advertising. Greenpeace might actually believe its propaganda on this issue. Insurers almost certainly don’t. How does a reporter not get this? Is Porter just stupid?