What are the current and/or anticipated significant physical opportunities and their associated countries/regions and timescales?
8.1. Does climate change present other significant opportunities – current and/or anticipated – for your company? Yes 8.2B. What are the current and/or anticipated other significant opportunities and their associated countries/regions and timescales? Climate change presents other opportunities for the company. As a company, we have undertaken several significant relevant initiatives. – In March 2008, Progressive and the X PRIZE Foundation jointly announced our title sponsorship of the Progressive Insurance Automotive X PRIZE (PIAXP) and our funding of the $10 million prize purse. The PIAXP is an international competition designed to inspire a new generation of viable, super fuel-efficient vehicles. The independent and technology-neutral competition is open to teams that can design, build and bring to market 100 MPGe (miles per gallon energy equivalent) vehicles. The PIAXP will place a major focus on affordability, safety, and the environment. Winners of this competition will be named i
