https://www.taylorfrancis.com/chapters/oa-edit/10.4324/9781003157571-3/insurance-geoengineering-lauren-rickards

Insurance and geoengineering
>From the delusional to the terrestrial?
ByLauren Rickards

ABSTRACT

Insurance can be understood as an imaginary that is not only highly
entangled with geoengineering in direct, empirical ways, but shares with it
particular logics and stances on the future. This chapter examines the
knotty geoengineering-insurance relationship, first in general and then in
terms of terrestrial carbon sequestration. It argues that, like
geoengineering, insurance absorbs and reflects utopian narratives, often in
highly problematic, conservative ways. Yet both also hold some progressive
potential. In particular, soil carbon sequestration – the most earthly of
geoengineering techniques – is not only being pursued as a new capital fix;
it has potential to reorient attention to ‘the elementality of soil’ and
help challenge the modernist habits of insurance, call out the delusional
character of much geoengineering and help us rewrite our narratives about
the future.

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