Yes. Financial institutions, including the Federal Reserve Bank, have been dragging their feet on anything to do with climate change because “it’s impossible to know the financial effects”, as if catastrophe can be financially managed.
This gives those of us that want capitalists and neoclassical economist to pull their head out of their asses some leverage.
You can’t help but wonder whether this research or at least headline was moulded to try and finally appeal to otherwise uncaring capitalists.
Yes. Financial institutions, including the Federal Reserve Bank, have been dragging their feet on anything to do with climate change because “it’s impossible to know the financial effects”, as if catastrophe can be financially managed.
This gives those of us that want capitalists and neoclassical economist to pull their head out of their asses some leverage.