Unscientific hype about the flooding risks from climate change will cost us all dear

The warmists have sound financial grounds for hyping the dangers of flooding posed by climate change, writes Christopher Booker

 

 

As the great global warming scare continues to crumble, attention focuses on all those groups that have a huge interest in keeping it alive. Governments look on it as an excuse to raise billions of pounds in taxes. Wind farm developers make fortunes from the hidden subsidies we pay through our electricity bills. A vast academic industry receives more billions for concocting the bogus science that underpins the scare. Carbon traders hope to make billions from corrupt schemes based on buying and selling the right to emit CO2. But no financial interest stands to make more from exaggerating the risks of climate change than the re-insurance industry, which charges retail insurers for “catastrophe cover”, paid for by all of us through our premiums.  ...