Fed Creates Committee to Look at Climate Risks to Finance
With climate change projected to affect both the U.S. and global economies, the Federal Reserve Board will establish a new committee to look at the impact climate change could have on the broader financial system. Called the Financial Stability Climate Committee...The All-Electric House Makes a Comeback
When I first started writing about housing 50-plus years ago, the public utilities in my Washington, D.C., market were going toe-to-toe trying to win the hearts and minds of local builders. Electric heating and cooking were king, but natural gas was making big...
Fed Sees Financial Stability Risks from Climate Change
The Federal Reserve has added a discussion about climate change to its Financial Stability Report for the first time, noting vulnerabilities the financial system could face in the years ahead. The 80-page report is a supplement to the Fed’s annual report to the...
Realtor.com Becomes First Listings Site to Map Flood Risk
Realtor.com has become the first major home listings site to integrate a flood risk map into each property in its database. The new feature, called “Flood Factor” and developed by the nonprofit research group First Street Foundation, gives properties a...This Week’s Paper: Digital Edition
