Insurers should pursue more clean-energy investments, Ceres says | Storms may be exacerbated by airborne pollution particles | Maine airport program recycles 100% of de-icing fluid for jets
February 7, 2018
Aon Enviromental Risk Advisor
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Risk Management, Insurance and Claims
Insurers should pursue more clean-energy investments, Ceres says
The nonprofit sustainability organization Ceres is encouraging US insurers to increase their investment in clean energy amid investor pressure to meet targets set under the Paris climate agreement. "Those types of investments tend to fit well with insurance investment criteria -- long-term holdings that have reliable cash flows," said Cynthia McHale of Ceres.
Business Insurance (tiered subscription model) (1/31) 
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Storms may be exacerbated by airborne pollution particles
Tiny particles of pollution in the air may be fueling more powerful storms, according to a study published in Science. The study focused on the Amazon basin using observations and computer models.
Scientific American online/E&E News (1/26) 
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Maine airport program recycles 100% of de-icing fluid for jets
Portland International Jetport in Maine is reportedly the first US airport to use only recycled de-icing fluid on aircraft, in addition to being the first in the country to develop such a recycling program. The fluid's active ingredient, propylene glycol, "in and of itself is nontoxic, but it has a high oxygen depletion factor when it breaks down in the environment," which could harm animal life in nearby waterways, said Paul Bradbury, the airport's director.
Portland Press Herald (Maine) (2/4) 
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Laws and Regulations
San Diego considering hydropower energy storage proposal
San Diego is contemplating a proposal to add 500 megawatts of energy storage to a San Diego Water Authority hydropower facility. The San Vicente Energy Storage Facility would pump water to the upper reservoir during times of low energy demand and release it through the turbines when needed.
TriplePundit (1/29) 
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European Commission to penalize members that break EU pollution rules
European Commission to penalize members that break EU pollution rules
(Philippe Lopez/AFP/Getty Images)
The European Commission has announced that it will penalize member nations that fail to follow EU pollution rules. Twenty-three EU nations are still exceeding airborne pollution targets introduced for 2005 and 2010, the Commission estimates.
Reuters (1/30) 
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Green Construction
Denver struggling to manage roof initiative
Though the Green Roof Initiative went into place at the start of the year in Denver, requiring green roof components to be placed on new and existing buildings with over 25,000 square feet, local government is still working on how to put it into effect. A lack of pre-planning, especially with local water, power and fire departments, as well as consideration for costs has led to confusion.
Fox News (1/25) 
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News from Aon
Contractual indemnity and environmental insurance
Real estate buyers are looking to resolve uncertainties associated with environmental liability for contaminated properties, and sellers must receive assurance that properties will be properly cleaned up and that redevelopment activities will be carried out by the purchasers in order to justify the loss of control over the remediation process that goes with a change in ownership prior to the cleanup. Both parties are searching for mechanisms that can reduce the uncertainties with the remediation. Learn more about contaminated property transactions.
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Webinar replay -- CEO Panel: Live from Aon's 13th Annual Property Symposium
On Feb. 5, Aon hosted a live broadcast from the Aon Property Symposium in Orlando, Fla., featuring CEOs from some of the world's largest insurers. Panelists discussed the state of the insurance market in the wake of one of the costliest loss years on record for the property market, the viability of modeling systems, advancements in cyber coverage, and what we as an industry must do to invest in innovation and our workforce. View the replay.
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