How does this make any sense?

This week, my latest story for Floodlight was published in The Guardian, the Louisiana Illuminator and the New Orleans Lens. It’s an attempt to answer a “How does this make any sense” question: How can insurers (probably correctly) identify that insuring homes in some of hardest-hit areas by climate change is no longer a viable business decision, but still agree to insure giant fossil fuel projects in the same exact area, exposed to the same risks?

If your knee-jerk answer to that question is “greed” or “money” or “capitalism,” you’re not entirely off the mark. But I’m never particularly satisfied with one-word answers, and need to understand how these factor into what feels like an irrational decision. You can read the whole story here, but in this members-only email I wanted to get into how this story came to be and what the reporting process was like.

(Rule 1 of reporting on a place you're not from: make sure you're pronouncing place names correctly)