Can the Fed help solve climate change?

Christina Parajon Skinner of the Wharton School discussed how central banks like the Bank of England have shifted toward green investments. The U.S. Federal Reserve, she said, could have a significant impact on climate change: “People say, Well, we’ve got gridlock in Congress, and we have an effective institution that maybe could do something to bring us toward greener equilibriums. And that's really a fundamental question that is about climate change, but it's also about, you know, American democracy.”

・ From NPR