Yesterday saw the final steps in Tony Blair’s newest post-priministerial position to becoming the climate change advisor for Zurich insurance. He adds this to his portfolio of simply immense salary providers with almost 6million for a book deal, 500,000 for making speeches round the world and another 500,000 as an advisor to Morgan Chase. No announcement has yet been made as to the payments Zurich will make for his services other than to state they will be in the six figure region.
Tony Blair has certainly been given plenty of experience with this subject matter with climate change being the core of many speeches over the years along with his huge involvement in the hugely publicised G8 project. This isn’t his first step into commercialising his taxpayer-given knowledge either, having written the foreword in the book “Avoiding Dangerous Climate Change” back in 2006.
This comes only a week after the announcement of Zurich’s creation of a Climate Change Advisory Council, which includes Ernst Ulrich von Weizs?cker who worked with Tony Blair to prepare for the UK’s G8 summit, to help lay out and implement Zurich’s Climate Initiative. This influx of advisors will not only advise Zurich on how climate change will affect their insurance market, but also how they themselves can reduce their carbon footprint.
With global warming being blamed for everything from flooding to hurricanes, a better estimate of what the future holds is imperative for any home insurer’s longevity.