Major insurer drops coverage for Louisiana LNG project amid pollution concerns
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Major insurer drops coverage for Louisiana LNG project amid pollution concerns
An insurance giant has stopped backing a liquefied natural gas terminal in southwest Louisiana that has drawn sustained criticism from residents and environmental advocates over its health and climate impacts.Keerti Gopal reports for Inside Climate News.In short:Chubb, a major global insurer, is no longer providing property insurance to Venture Global’s Calcasieu Pass LNG terminal, a move revealed through public records and confirmed by the comp…
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