Massachusetts lawmakers ask Liberty Mutual to stop financing fossil fuels

Energy News Network: Dozens of Massachusetts state legislators have sent a letter asking Boston-based insurance giant Liberty Mutual to stop investing in or providing coverage for fossil fuel projects. The demands are the latest move in an ongoing campaign to fight climate change by undermining financial support for fossil fuel extraction and development.

“Arguably, the main reason that these projects keep getting built is because there are still companies willing to provide the insurance for what is becoming more and more of a risky project,” said state Sen. James Eldridge, one of the lawmakers who organized the effort. “It really doesn’t make environmental or financial sense.”

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