WASHINGTON—Climate change poses a major risk to the stability of the U.S. financial system and requires aggressive action from Washington policy makers, according to a report from an advisory panel to the top U.S. commodities regulator released on Wednesday. The report, a stark warning released by a special climate subcommittee to the Commodity Futures Trading Commission, calls for better pricing of carbon emissions in the U.S. as well as a variety of steps by financial regulators to incorporate climate-related risks into...

Source: Wall Street Journal September 09, 2020 16:26 UTC