Christina Skinner of the Wharton School spoke about how the U.S. Federal Reserve can address climate change. While the Fed can adjust monetary policy to mitigate loss, it can’t do things like “using its balance sheet to go out into the world and buy green bonds. To try and direct the flow of capital in that direction is not really on the table like it is for some other central banks,” she said.

June 4, 2021 ・ From Marketplace (NPR)