(DCNF)—Wind and solar companies are increasingly shelling out for specialized insurance to protect against weather risks, like the sun not shining enough, the wind not blowing enough or storms wiping out energy infrastructure, according to Bloomberg.
Though green energy zealots are banking on wind and solar to replace fossil fuels and slow the effects of climate change, companies are reportedly turning to parametric insurance, which can rapidly pay companies when specific unfavorable weather conditions occur, according to Bloomberg. While the Biden administration pushed for a build out of wind and solar technology to combat climate change, measly wind and solar outputs as well as extreme weather events have been straining the global industry, Bloomberg reported.
“There’s uncertainty over whether or not parametric insurance will make solar and wind energy companies less susceptible to risk. These companies, however, are already risk prone as they require non-market backing in the form of subsidies and even bailouts when their technology falters or their projects are cancelled,” Gabriella Hoffman, director of the Center for Energy & Conservation at the Independent Women’s Forum, told the Daily Caller News Foundation. “In this new U.S. era of energy deregulation, the viability of solar and wind is being tested. Can these mature technologies thrive without government backing? Can they adequately help meet growing electricity demand? If they can credibly compete with more reliable energy sources like natural gas, nuclear, and coal, great. If they can’t, the market will respond accordingly — regardless of parametric insurance coverage.”
Former President Joe Biden hailed wind and solar as a way to curb the impacts of climate change, pushing for green energy though tax credits, as well as billions in federal grants and loans. The energy technology Biden preferred is facing extreme weather damage, as winter storms batter wind turbines and hail pummels solar farms in Texas.
The issue exceeds beyond the United States, as cloudy and windless days in the United Kingdom and paltry wind generation in India may reportedly threaten green energy transition goals, according to Bloomberg.
French insurance company AXA XL Reinsurance notes on its website that parametric insurance is becoming increasingly popular for wind farm developers and that it helps cover companies when they can’t generate as much power as they budgeted for.
“Wind has continued to underperform in the last three to four years” Kailash Vaswani, chief financial officer of the Indian green energy company ReNew Energy Global Plc, told Bloomberg. Vaswani explained to Bloomberg that insurers are less likely to pay out unless declines are severe, given recent wind outputs. “It’s basically heads they win, tails you lose.”
Hoffman argued that the massive Danish-based wind company Orsted’s recently plummeting stock value serves as an example of why insurers might hesitate to back up wind companies.
“This is nothing short of a ‘green energy’ clown show. Solar and wind energy battered by the ‘global warming’ it is supposed to prevent!” Marc Morano, author and the head of Climate Depot told the DCNF. “What do these formerly heavily subsidized tax dollars ‘green’ energy sources claim is the solution to their inherent inability to deal with — weather?! They propose risky, massive, and high-premium insurance schemes, no doubt paid for by billions in taxpayer cash leftover that had already been lavished on the industries.”
In contrast to the Biden administration, President Donald Trump has focused on boosting conventional energy sources and has heavily critiqued solar and wind power, writing Wednesday on Truth Social that “any State that has built and relied on WINDMILLS and SOLAR for power are seeing RECORD BREAKING INCREASES IN ELECTRICITY AND ENERGY COSTS. THE SCAM OF THE CENTURY!”
While Biden focused on climate initiatives, Trump declared a national energy emergency and signed an executive order to “unleash American energy” on his first day back in the Oval Office. The Trump administration has moved to advance reliable energy technology like coal, oil and gas and nuclear as it has sounded alarms over an impending national energy crisis.
“Reliable, affordable, and secure energy enables everyday life to power on—even when the sun isn’t shining,” Energy Secretary Chris Wright wrote on X in May, noting that coal and natural gas serve as dependable power sources.
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For Emergency Preparedness, Don’t Forget the Meds
Being prepared is more than just a good idea—it’s essential. We stock up on non-perishable food, bottled water, flashlights, and first-aid supplies, but one critical aspect often gets overlooked: access to vital medications. What happens if pharmacies close, prescriptions can’t be filled, or you’re cut off from medical care during an emergency?
That’s where Jase Medical steps in, offering a reliable solution to ensure you and your family have the medications you need when it matters most.
Jase Medical specializes in emergency preparedness kits designed to provide peace of mind through physician-reviewed, prescription medications delivered right to your door. Their flagship product, the Jase Case, is a comprehensive emergency antibiotic and medication kit priced at $289.95.
This kit includes 10 essential medications—five life-saving antibiotics and five symptom relief meds—that can treat over 50 common infections and illnesses, from urinary tract infections and pneumonia to skin infections and traveler’s diarrhea. With 28 add-on options available, you can customize the kit to fit your specific needs, including a KidCase for children ages 2-11.
The process is straightforward and hassle-free. Simply visit Patriot.tv/meds, complete an online evaluation, and have your order reviewed by a board-certified physician. Once approved, the medications are shipped discreetly from a licensed pharmacy to your U.S. address (with plans for Canada shipping coming soon). Each kit comes with detailed Med Cards outlining symptoms, dosing, and usage, making it easy to administer even in high-stress situations. These medications are shelf-stable and designed for long-term storage, empowering you to handle medical emergencies without relying on external help.
For those on the move, Jase Medical also offers the Jase Go kit for $129.95, a compact travel med kit covering over 30 common conditions encountered during adventures or trips. And for ongoing needs, Jase Daily provides an extended supply of your prescribed chronic medications to safeguard against disruptions in supply chains or extreme weather events.
Don’t just take our word for it—thousands of satisfied customers have given Jase Medical a 4.9-star rating, praising its role in true preparedness. As radio host Glenn Beck warns, “The supply lines for antibiotics already are stressed to the max. Please have some antibiotics on hand… You can do it through Jase.”
Whether you’re prepping for a hurricane, a power outage, or simply the uncertainties of daily life, Jase Medical ensures you’re not caught off guard. Head to patriot.tv/meds today to customize and order your emergency kit—because when it comes to your health and safety, it’s better to be prepared than sorry.
Nobody can prevent climate change because it is a natural process that has been going on for billions of years. All we can do is adapt to the new realities when we can. The climate changes deal with it.