Climate change poses major risks to financial markets, regulator warns
The New York Times reports: A top financial regulator is opening a public effort to highlight the risk that climate change poses to the nation’s financial markets, setting up a clash with a president who has mocked global warming and whose administration has sought to suppress climate science. Rostin Behnam, who sits on the federal government’s five-member Commodity Futures Trading Commission, a powerful agency overseeing major financial markets including grain futures, oil trading and complex derivatives, said in an interview…