One of the World’s Most Powerful Central Bankers Is Worried About Climate Change

Mark Carney, the governor of the Bank of England, on a future Black Swan :

“We don’t need an army of actuaries to tell us that the catastrophic impacts of climate change will be felt beyond the traditional horizons of most actors — imposing a cost on future generations that the current generation has no direct incentive to fix,” he said. “In other words, once climate change becomes a defining issue for financial stability, it may already be too late.”

→ The New York Times