Climate Change Poses Major Risks to Financial Markets, Regulator Warns

Tue, 18 Jun 2019 23:52:39 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.nytimes.com/2019/06/11/climate/climate-financial-market-risk.html>

"Rostin Behnam, who sits on the federal government’s five-member
Commodity Futures Trading Commission, a powerful agency overseeing major
financial markets including grain futures, oil trading and complex
derivatives, said in an interview on Monday that the financial risks
from climate change were comparable to those posed by the mortgage
meltdown that triggered the 2008 financial crisis."

Via Kenny Chaffin.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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