Public Citizen Applauds Fossil Free Finance Act: Fed Must Regulate Financial Institutions in Line With Science-Based Paris Climate Targets
September 16, 2021
September 16, 2021
WASHINGTON, Sept. 16 (TNSPol) -- Public Citizen issued the following news release on Sept. 15, 2021:
U.S. Reps. Mondaire Jones (D-N.Y.), Rashida Tlaib (D-Mich.), and Ayanna Pressley (D-Mass.) today introduced the Fossil Free Finance Act, which requires the Federal Reserve to regulate financial institutions' contributions to the climate crisis. The impacts of climate change, along with the necessary transition to a clean energy economy, pose systemic risk to the U.S. financial s . . .
U.S. Reps. Mondaire Jones (D-N.Y.), Rashida Tlaib (D-Mich.), and Ayanna Pressley (D-Mass.) today introduced the Fossil Free Finance Act, which requires the Federal Reserve to regulate financial institutions' contributions to the climate crisis. The impacts of climate change, along with the necessary transition to a clean energy economy, pose systemic risk to the U.S. financial s . . .