The next big financial crisis could be triggered by climate change – but central banks can prevent it
- Written by Garth Heutel, Associate Professor of Economics, Georgia State University
Both climate change and policies to prevent it can rattle the economy.Citizen of the Planet/Education Images/Universal Images Group via Getty ImagesIn 2008, as big banks began failing across Wall Street and the housing and stock markets crashed, the nation saw how crucial financial regulation is for economic stability – and how quickly the co...