Michele Kearney's Nuclear Wire

Unintended (Intended) Consequence of More Frequent Severe Weather: Record German Wind Power

By Roman Kilisek

Germany’s Munich Re, one of the world’s largest and leading reinsurers, released on January 7 its review of natural catastrophes in 2014 – measuring the economic impact of natural catastrophes on its reinsurance business bottom line. Attributing the much lower 2014 financial losses vis-à-vis previous years to the “absence of very severe catastrophes and a

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