Reserve Bank warns climate change posing increasing risk to financial stability

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RBA says it is becoming increasingly important for investors and institutions to actively manage carbon risk

Australia’s central bank has delivered a clear warning that climate change is exposing financial institutions and the financial system more broadly to risks that will rise over time if action isn’t taken.

 

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Precursor for new Taxes 🤔 ? Cows cannot pay for fart pollution, it is the milk drinking hoomans who needs to pay taxes

The Market can control everything except Nature itself so the unreliability of certainty within Climate Change for the Market slows investment. The bubble now can grow no more.

Because they will make so much money from climate credits?

It isn't.

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