10 months ago
On a date
29 Sep 16’
WHAT EMISSION TRADING COULD MEAN FOR AGRICULTURE INSURANCE
Just a few days ago, the Chinese government started the acceleration of the emission trading platform which will serve the so-called Carbon Cash generation for GREEN industries such as agriculture. As a result, in the near future, we may well see the business model of Agriculture changed. What is foreseeable is that the crop types will have to carry an “emission value tag” on top of its real value as food or material. What will this mean to Agriculture Insurance? Maybe, at some point in the future, we will see a policy to protect the emission risk of crops? And a more direct question from us as Agriculture Risk Modelers – so we need a model for it?
“The programme initially will cap emissions from some 8,000 companies nationwide in an early bid to use market approaches to clean up China’s traditionally energy-intensive manufacturing-based economy”
Posted 10 months ago by admin