State regulators could lead on CFTC climate risk plans
Sympathetic rulemakers don’t need to wait for a change of federal government, say experts
US state authorities could impose climate risk management requirements laid out in a flagship agency report regardless of which party wins the White House in November, say experts.
The climate-related market risk advisory subcommittee of the Commodity Futures Trading Commission (CFTC) published a report on managing the financial risks of global warming on September 9 – the first to be sponsored by a US federal authority.
Although some of the 53 proposals, including the tent-pole plan to put a
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