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Lord Peter Levene, board chair of Lloyd’s of London, says that terrorism is not the insurance industry’s biggest worry, despite the fact that his company was the largest single insurer of the World Trade Center. Levene says that Lloyd’s, like other large international insurance companies, is bracing for an increase in weather disasters related to global warming. Likewise, following his assignment as chief weapons inspector in Iraq, Hans Blix said: “To me the question of the environment is more ominous than that of peace and war. We will have regional conflicts and use of force, but world conflicts I do not believe will happen any longer. But the environment, that is a creeping danger. I’m more worried about global warming than I am of any major military conflict.” Sir John Houghton, co-chair of the Intergovernmental Panel on Climate Change, agrees. “Global warming is already upon us,” he said. “The impacts of global warming are such that that I have no hesitation in describing it as a weapon of mass destruction.” So what do they know that George W. Bush doesn’t?
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