U.S. Financial Policymakers Overlook $7 Trillion Climate Issue

U.S. financial policymakers are reportedly ignoring a climate-related issue that has already resulted in a $7 trillion economic impact. Bloomberg posted on X, highlighting concerns raised by commentator Mark Gongloff. The financial sector's reluctance to address climate change could have significant long-term consequences, as the costs continue to mount. Experts argue that proactive measures are necessary to mitigate further economic damage and ensure sustainable growth. Despite the substantial financial implications, policymakers remain hesitant to implement comprehensive strategies to tackle the climate crisis.