A climate advocacy group comprised of high-profile backers of Democratic presidential candidate Joe Biden on Tuesday urged the former vice president to consider using U.S. financial regulation as a tool to fight global warming if he is elected.
Evergreen Action, a group of former staffers of Washington Governor Jay Inslee and Senator Elizabeth Warren who have advised the Biden campaign on a range of issues, handed the campaign a policy memo detailing how he could use the U.S. financial system to counter climate change within his first 100 days in office if he defeats Republican President Donald Trump.
The U.S. election is on Nov. 3.
“We can’t just focus on the Environmental Protection Agency or the Interior Department. We really need to start thinking more expansively about tackling climate change,” said Maggie Thomas, political director of Evergreen Action.
The recommendations here include appointing nominees to key posts like the Treasury secretary, a new Federal Reserve chair in 2022, and others, who prioritize climate action and are likely to support measures to increase transparency around the financial risks posed by global warming.
Progressive policy groups have pushed for Warren or Sarah Bloom Raskin, former deputy Treasury secretary under Democratic President Barack Obama, as candidates for Treasury secretary under a possible Biden administration. Raskin consulted on the Evergreen Action memo.
The memo also calls on the next administration to catch up with other countries whose central banks have taken action to measure and mitigate climate risks to financial markets.
It also recommends creating a climate “stress test” for large financial institutions and urges the financial sector to prioritize clean investments in communities of color.
Read rest at Reuters
And after we are done controlling the climate let’s control the moon and get rid of those annoying tidal cycles.
https://wp.me/pTN8Y-58Q
sorry wrong link
Here is the correct link for tidal cycles
https://tambonthongchai.com/2018/08/05/tidalcyclesbiblio/
There are no data that supports massive intervention by our government to combat any so called climate change emergency. Biden and the entire Democratic party desperately want to control all of us with bizarre climate laws and regulations to make us into “climate change slaves”. We already know how to use oil and natural gas efficiently; destroying America’s energy self sufficiency is a treasonous plan which I definitely oppose!!!!! A vote for Biden is a vote against America!
Evergreen Action just another groups of Eco-Freaks as idiotic and as stupid as the rest of the Back to Nature weirdos Why don’t these jerks go plant some Trees instead of making their idiotic demands of the rest of us
Oh sure, that makes sense. Treasury Dept to force the climate agenda. Use the IRS to suppress conservative organizations. Use the FBI to investigate only their opponents. Get paybacks from your alleged foreign enemies to enrich yourself.
Looking forward to a Biden administration.