{"id":412552,"date":"2021-04-28T11:21:50","date_gmt":"2021-04-28T05:51:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412552"},"modified":"2021-04-28T12:43:04","modified_gmt":"2021-04-28T07:13:04","slug":"coal-plant-insurance-faces-green-hurdles","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-plant-insurance-faces-green-hurdles\/","title":{"rendered":"Coal plant insurance faces green hurdles"},"content":{"rendered":"<p>MUMBAI: Thermal power plants are finding it difficult to obtain reinsurance cover in international markets as global giants tighten their environment, social and governance (ESG) policies. This has created capacity constraints for insuring coal-fired power projects, which are too big for the balance sheets of domestic insurers. <\/p>\n<p>Most of the reinsurance markets in the West have closed the doors to coal-based projects. On December 10 last year, Munich Re had announced that it has stopped insuring coal-fired power plants. Last month, Swiss Re announced that it was accelerating its race to achieve net-zero status in carbon emissions in its portfolio. \u201cWe also revised our oil &amp; gas policy in 2020 and, beginning in 2021, are gradually withdrawing insurance support for the most carbon-intensive oil and gas production,\u201d the reinsurer said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Thermal power plants are finding it difficult to obtain reinsurance cover in international markets as global giants tighten their environment, social and governance (ESG) policies. This has created capacity constraints for insuring coal-fired power projects, which are too big for the balance sheets of domestic insurers. Most of the reinsurance markets in the West have closed the doors to coal-based projects. On December 10 last year, Munich Re had announced that it has stopped insuring coal-fired power plants. Last month, Swiss Re announced that it was accelerating its race to achieve net-zero status in carbon emissions in its portfolio. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222,130,137],"tags":[],"class_list":["post-412552","post","type-post","status-publish","format-standard","hentry","category-coal-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=412552"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412552\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}