Bank Regulators Present a Dire Warning of Financial Risks From Climate Change

October 22, 2019

New York Times, Oct. 17, 2019–Christopher Flavelle
Home values could fall significantly. Banks could stop lending to flood-prone communities. Towns could lose the tax money they need to build sea walls and other protections. These are a few of the warnings published on Thursday by the Federal Reserve Bank of San Francisco regarding the financial risks of climate change. (MBA mention)
https://www.nytimes.com/2019/10/17/climate/federal-reserve-climate-financial-risk.html