Energy Efficiency and Improved Indoor Environmental Quality: No-Regrets Climate Change Insurance for the Insurance Industry
The $2-trillion global insurance industry has expressed concern about the immense prospective financial risks from natural disasters caused by global climate change. The insurance industry can take a reactive approach by limiting or withdrawing coverage, or it can take a proactive approach by encouraging actions to reduce greenhouse-gas emissions. Many energy-efficient technologies and associated indoor environmental quality strategies have the potential to both reduce emissions and reduce ordinary insured losses involving property, health, or liability. Such measures represent an attractive ”no-regrets” opportunity for the insurance industry, as the loss-prevention benefits would have distinct value irrespective of the timing or extent of damages related to global climate change. (See the following URL for more information: http://eande.lbl.gov/CBS/Climate-Insurance/ci.html)
Affiliate, Residential Building Systems Group, Whole Building Systems Department, Building Technology & Urban Systems Division
Evan Mills is a retired Senior Scientist in the Building Technology and Urban Systems Division, and has worked in the energy efficiency field since 1982. He previously led the Center for Building Science at LBNL. His core commercial-buildings expertise is in energy benchmarking, commissioning, high-tech buildings, risk management, and the efficiency business case. He is a frequent speaker to academic and industry audiences on buildings energy efficiency, author of over 300 publications, and member of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize. He is a recipient of an R&D 100 award for commercializing Home Energy Saver software in 2009. Mills holds a MS degree in Energy and Resources from U.C. Berkeley and a Ph.D. in Environmental and Energy Systems Studies from Lund University in Sweden.