# content
https://www.eiopa.europa.eu/document/download/c8be856b-b358-4b68-9c34-80672f2e4c28_en

Whether it is #California #US #Europe, this notion that you can deal w/ #climatechange through some new insurance mechanism is kinda stupid. Insurance works when risks among the insured are independent of each other. With #climate - that fundamental assumption goes out of the window. Society has to simply pay for this assuming it values everyone equally. Else it is an unmitigated disaster for the unfortunate