White House plans to address economic risk of climate change

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Biden administration taking steps to address economic risks from climate change, issuing 40-page report on government-wide plans to protect financial, insurance and housing markets and savings of American families.

, issuing a 40-page report Friday on government-wide plans to protect the financial, insurance and housing markets and the savings of American families.disclosures, retirement plans, federal procurement and government budgeting are all being reconsidered so the country could price in the risks being created by climate change.

A February storm in Texas led to widespread power outages, 210 deaths and severe property damage. Wildfires raged in Western states. The heat dome in the Pacific Northwest caused record temperatures in Seattle and Portland, Oregon. Hurricane Ida struck Louisiana in August and caused deadly flooding in the Northeast.

The report is also an effort to showcase to the world how serious the U.S. government is about tackling climate change ahead of the United Nations Climate Change Conference running from Oct. 31 to Nov. 12 in Glasgow, Scotland. The Labor Department on Wednesday proposed a rule for investment managers to factor environmental decisions into the choices made for pensions and retirement savings. The Office of Management and Budget announced the government will begin the process of asking federal agencies to consider greenhouse gas emissions from the companies providing supplies. Biden's budget proposal for fiscal 2023 will feature an assessment of climate risks.

 

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How bout he address the destruction he’s done to the economy in 9 months time? “let’s go Brandon” “let’s go Brandon supporters”!!!!!

Focusing on climate change, while the US is in trillions of debt is probably not a very good idea

Him and the rest of the democratic politician is the reason for their false claims

Why aren't you now questioning Schumer about how he will raise the debt ceiling or fail? He's had so much time but has done little. Dont let this become December drama. He has the tools. He should be doing something now.

POTUS CancelStudentDebt fulfill your promise you made during your campaign. Cancel student debt for all, not just some.

Oh good. But no action on the supply chain crisis

Meanwhile

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