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Planet is entering ‘new climate regime’ with ‘extraordinary’ heat waves intensified by global warming, study says – Climate Change Poses Major Risks to Financial Markets, Regulator Warns
Simultaneous heat waves scorched land areas all over the Northern Hemisphere last summer, killing hundreds and hospitalizing thousands while intensifying destructive and deadly wildfires.
A study published this week in the journal Earth’s Future concludes that this heat wave epidemic “would not have occurred without human-induced climate change.”
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Climate Change Poses Major Risks to Financial Markets, Regulator Warns
A top financial regulator is opening a public effort to highlight the risk that climate change poses to the nation’s financial markets, setting up a clash with a president who has mocked global warming and whose administration has sought to suppress climate science.
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.
https://www.nytimes.com/2019/06/11/climate/climate-financial-market-risk.html
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It was 105 in the Bay Area yesterday. “I’m melting….”