Foreign Influences: Weather or Not?

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Is there enough momentum to keep this industry movement going? There seems to be. Whereas insurers used to pass off environmental liability onto government, they now believe that climate change is so serious a threat to their business that they can't wait for government to take the initiative. "The industry is crucial to the functioning of the global economy," says Andrew Logan, energy and finance program director at the ethical-investment organization CERES. As the storm season winds down, activists pray the industry doesn't lose focus. "If there isn't a big hurricane season this year, it could slow things down. That is the larger risk," says Logan.