U.S. Regulators to Assess Climate Risks

[applegrove]

U.S. Regulators to Assess Climate Risks

July 11, 2021 at 3:31 pm EDT By Taegan Goddard 6 Comments

https://politicalwire.com/2021/07/11/u-s-regulators-to-assess-climate-risks/

"SNIP......

“Treasury Secretary Janet Yellin says she will lead an effort by top U.S. regulators to assess the potential risk that climate change poses to America’s financial system, part of a wide-ranging initiative launched by the Biden administration,” the AP reports.

“Yellen says the regulatory review, which will be done by the Financial Stability Oversight Council, [which she chairs,] will examine whether banks and other lending institutions are properly assessing the risks to financial stability.”

.......SNIP"

[-misanthroptimist]

1. I can save them a bunch of time.

It's like this: We're screwed.