The U.S. central bank signaled on Friday it may be getting ready to join international peers in incorporating climate change risk into its assessments of financial stability, and may even take it into account when setting monetary policy. — Reuters
Despite the Trump administration's unabashed rejection of climate science, the United States Federal Reserve is moving in the opposite direction.
The shift could impact how America's central bank assesses financial metrics like interest rates and how entities like Fannie Mae and Freddie Mac make decisions regarding which mortgages to acquire.
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Just another way for the rich to profit on speculation.
Because “we can’t afford” to actually address climate change.
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