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Washington State looks to a ban on new gas vehicles

by Danny Westneat, Seattle Times


Highlights:

The idea of banning new gas cars, formerly seen as too aggressive and radical, is picking up steam in Washington state:

  • Ten Washington legislators introduced House Bill 2515, which aims to ban the registration of any new gas-powered passenger or light-duty trucks, starting ten years from now, in 2030
  • The bill excludes emergency vehicles and equipment over 10,000 lbs
  • HB 2515  allows the reselling of older model gas powered vehicles in 2030 and after

Transitioning from internal combustion engine cars to electric vehicles is a key component of The Climate Center’s sustainable mobility work.


Read more: https://www.seattletimes.com/seattle-news/politics/banning-gas-cars-its-a-fringe-crazy-bill-no-longer/

US insurance industry lags in divesting from fossil fuels

by Insure Our Future

The number of insurance companies withdrawing coverage for coal has more than doubled in 2019 as the industry’s retreat from the sector accelerates and spreads beyond Europe, the Unfriend Coal campaign revealed in Insuring Coal No More, its third annual scorecard on insurance and climate change. However, the report finds that even with the first U.S. coal and tar sands policies announced in 2019, the U.S. industry still lags far behind its European peers.

Coal exit policies have been announced by 17 of the world’s biggest insurers which control 46% of the global reinsurance market and 9.5% of the primary insurance market. Most refuse to insure new mines and power plants, while companies that scored highest in the report, like Swiss Re and Zurich, also ended coverage for existing coal projects and the companies that operate them, and have adopted similar policies for tar sands.

Read more: https://www.insureourfuture.us/updates/2019/11/27/insurers-ditching-coal-doubled-in-2019-but-us-industry-lags-behind