The president adds climate champions Lael Brainard as his top economic adviser and Richard Revesz as his regulations chief. The appointments to two of the most powerful posts in the White House underscore how Mr. Biden has pursued an “all-of-government” approach to climate change
The climate crisis is at high risk of becoming an economic crisis. That is an increasingly widespread view among leading economic thinkers — that a range of economic and financial problems could result from a warming planet and humanity's efforts to deal with it.
In its bi-annual 'Financial Stability Report' published Monday, the U.S. Federal Reserve for the first time acknowledged the economic volatility risks associated with a warming planet.