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Bank of England head rebuts critics of his global warming remarks

2015-10-09 01:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Bank of England Governor Mark Carney struck back on Thursday at critics of his recent remarks about the effect of climate change, saying it has real effects on the insurance industry, which the central bank regulates. He said the Group of 20 leading industrialized nations had this year asked the Financial Stability Board, which coordinates financial regulation of the G20 and which Carney chairs, to produce an assessment of the implications of climate change for financial stability. "One thing...

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