20 Apr '11, 1pm

Fossil fuels: A legacy of disaster

As a worker’s compensation judge my expertise is in the law, not the insurance side. Still, I strongly agree that we need better data on workplace injuries. Definitions of “injury” and “reportable injuries” (not every paper cut gets reported) vary among the 50 states, and among various federal agencies that regulate certain industries. But, #1 above certainly raises the right question with his NYTimes article–how does the fossil-fuel industry compare to other industries? This kind of data about one industry in isolation has very little persuasive power. Further, as a general rule, within any industry (from banking to nuclear power plants) each business is “experience rated.” Generally, those with the best safety records pay the lowest rates. While I’m not an expert in this area, I recall that, typically, the safest companies will pay 1/10 the insurance rates that the worst...

Full article: http://climateprogress.org/2011/04/20/fossil-fuels-a-lega...

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