Yesterday was a busy day for environmental policy on Capitol Hill, as two Senate panels simultaneously held hearings on thorny issues surrounding climate change and clean energy.
The Bank of England is facing criticism over the way it is conducting its first climate stress tests, with politicians and campaigners warning that a lack of penalties for dirty assets will give banks little incentive to clean up their act.
Financial regulators should act to avoid economic disaster, according to a letter from pension funds and other investors representing almost $1 trillion in assets.
