Opinion Photo by Sharon McCutcheon on Unsplash Paul Kupiec: Climate change mitigation is creating a roadmap to a nationalized financial system Our capitalist system, which allocates investment capital to its highest and most productive use, will be replaced by a system where unelected federal bureaucrats decide what investments and activities are funded.
Causeswww.flickr.com U.S. warns climate poses 'emerging threat' to financial system A Financial Stability Oversight Council report could lead to more regulatory action and disclosure requirements for banks.