50 shades of black + 254 April 2, 2019 Climate change is increasingly affecting the world’s central banks and their monetary policies.At a time when students around the globe are urging governments, companies and citizens to protect the environment, awareness is growing among currency guardians that weather disruptions, carbon emissions and green finance will demand significant attention. Freak weather events blamed on global warming -- largely regarded as temporary shocks so far -- risk becoming serious impediments to economic management in the future. They could even require a rethink of central-bank mandates at some point. But officials aren’t only on the receiving end: Their policies to support growth also have the potential to contribute to a greener planet. Disruption caused by extreme weather events and attempts to mitigate them make forecasting the economy increasingly difficult, according to a Brookings Institution discussion paper. That’s what happened in Germany at the end of last year when low water levels on the Rhine river caused unexpected transport bottlenecks and slowed growth. Researchers argue that nominal income rather than inflation targeting could turn out to be a better strategy because it doesn’t require policy makers to understand the precise nature of the shock and relies less on potentially imprecise projections. https://www.bloomberg.com/news/articles/2019-04-02/central-banks-are-thinking-greener-as-climate-change-hits-policy?utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social&utm_source=twitter Quote Share this post Link to post Share on other sites
pinto + 293 PZ April 2, 2019 No. Monopoly is affecting the world's central banks and their monetary policies. . Quote Share this post Link to post Share on other sites
rainman + 263 April 2, 2019 Yes, the actions of every individual must now consider the climate impact, if we are serious about it... Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD April 2, 2019 We need real solutions to stop climate change. Why cant people just accept that things change and humans don't have the control they crave.Where is the money going? Quote Share this post Link to post Share on other sites
Pavel + 384 PP April 2, 2019 Where does the surplus go? Someone said the climate change is not real. Quote Share this post Link to post Share on other sites
ThunderBlade + 231 TB April 2, 2019 CB..what do they offer for better future and fight against climate change? We do not know. Only thing about they worry is money... Quote Share this post Link to post Share on other sites
ronwagn + 6,290 April 2, 2019 (edited) Climate has always changed. The whole global warming hysteria is all about globalists gaining complete control of everyone else's lives. Watch who invests closest to the beaches around the world. https://wattsupwiththat.com/2019/03/25/in-a-victory-for-energy-reality-eu-dumps-2050-climate-alarmist-targets-and-commitments/ https://www.climatedepot.com/ https://docs.google.com/document/d/1B7YYeQTmESPhjlS_dj4zMTxWOiJhmLjxN1I_1NJcJFY/edit Edited April 2, 2019 by ronwagn added reference 1 Quote Share this post Link to post Share on other sites