Climate Crisis Poses “Serious Risks” to U.S. Economy

The Biden administration released a 40-page report detailing steps to protect the US economy from climate impacts, affecting jobs, homes, and businesses. The report outlines government plans that may alter mortgages, stock disclosures, and budgeting. It follows a May executive order to analyze economic effects of extreme weather and demonstrates US commitment to climate change ahead of the UN conference in Glasgow.

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