The Federal Reserve Acknowledged the Reality of Climate Change. That’s Actually a Big Deal.

by Will Peischel, Mother Jones

During a conference on climate change and the economy in San Francisco, one year after the deadly Campfire’s wildfire smoke made the city’s air quality among the worst on the planet, the Federal Reserve announced that it would incorporate climate change into its considerations when making policy decisions. The choice stands in stark contrast with the Trump administration, which maintains that climate change is a hoax despite overwhelming evidence to the contrary. The announcement was made during a speech by Fed Governor Lael Brainard, who said taking climate change seriously would be central to the future of the US economy.

Read more: https://www.motherjones.com/environment/2019/11/the-federal-reserve-acknowledged-the-reality-of-climate-change-thats-actually-a-big-deal/

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