Potential claims liability against 5 big oil for cities with climate risk

$1.8trillion in compensation claims against 5 Big Oil is potentially at stake – twice their combined market capitalization – if all major cities with climate risk follow New York City’s lead

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New York City’s claim is paving the way to an enormous black hole in the share value of 5 Big Oil (and other oil companies too). The staggering sums scoping the size of their potential liability from climate-related claims is a warning to asset managers and pension fund administrators. The 5 Big Oil companies should […]

$1.8trillion in compensation claims against 5 Big Oil is potentially at stake – twice their combined market capitalization – if all major cities with climate risk follow New York City’s lead was last modified: November 4th, 2018 by Bruce Menzies

PAL Climate Risk Index (CRIX) August figures now available

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  PAL announces Climate Risk Index (CRIX) data for August 2017 is now available. August CRIX is 1,185.36, up 0.4% on the previous month. The index is down 6.7% on the same period last year, and it’s 1,273 all-time high in September 2016. Published at the beginning of each month, the PAL Climate Risk Index (CRIX) provides […]

PAL Climate Risk Index (CRIX) August figures now available was last modified: August 19th, 2018 by admin

PAL Climate Risk Index (CRIX) July figures now available

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  PAL announces Climate Risk Index (CRIX) data for July 2017 is now available. July CRIX is 1,180.59, up 0.7% on the previous month. The index is 6.3% lower than the same period last year, and is some 7.3% off the 1,273 all-time high back in September 2016. Published at the beginning of each month, […]

PAL Climate Risk Index (CRIX) July figures now available was last modified: August 19th, 2018 by admin

Fact Sheet: The PAL Carbon Loss Index – CLIX

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In 2015 Predict Ability Ltd (PAL) introduced the PAL Carbon Loss Index (CLIX), which was specifically designed to put a price on the financial loss and damage arising from carbon emissions. CLIX uses the Reinsurance Event Attributed Carbon Tax (REACT) system and publishes intraday prices based on latest emissions, loss & damage and global surface […]

Fact Sheet: The PAL Carbon Loss Index – CLIX was last modified: September 6th, 2018 by admin