Energy

Federal Bank Regulators’ Withdrawal of Climate Risk Management Principles is a Reckless Political Move

Federal Reserve, OCC, FDIC withdraw principles published in 2023 WASHINGTON, D.C. — On Thursday, October 16, the Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) announced the withdrawal of the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions. The principles, finalized … [continued]

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