Alex Martin
@alexmartin196.bsky.social
Climate finance policy, Americans for Financial Reform, previously Congressional fellow w/ Sen. Brian Schatz, fellow at the National Academies of Sciences, physical chemistry PhD from NYU. Views my own.
New fossil fuel subsidy just dropped. GOP plans to force private banks to lend to ANWR drilling projects, even if it hurts their bottom line, or lose access to the discount window. Folks, every accusation really is a confession. senatorkevincramer.app.box.com/s/6uve4alvjs...
Cramer Fair Access to Banking Act 2025.pdf | Powered by Box
senatorkevincramer.app.box.com
My latest @forbes article discusses an under-reported part of the current disruption of federal services: three edicts aimed at removing the foundations of climate-related financial risk management. www.forbes.com/sites/johnko...
Businesses And Investors Must Confront New Federal Climate Edicts
Extreme weather events are increasing in number and destructiveness. Now, due to Trump Administration edicts, additional climate-related financial risks must be managed.
forbes.com
"By continuing to underwrite and invest billions of dollars in fossil fuel projects — knowing full well that growing climate risks are making homes uninsurable — insurers actively contribute to the disasters they later refuse to cover." otherwords.org/dont-let-ins...
Don’t Let Insurers Get Away With Fleecing Homeowners - OtherWords
In an age of climate disasters, insurance should be a safeguard for families, not a gamble where the house always wins.
otherwords.org
Powell has been negligent on addressing climate-related financial risk for some time now. With Trump looming, Powell is ignoring risks and leading the Fed into further retreat. www.citizen.org/news/from-wi...
From Wildfires to Wall Street, Powell’s Retreat on Climate Change Puts Economy at Risk
President Trump has no plans to address climate risks other than to bully federal agencies and private institutions into ignoring them, but this reckless approach does not preclude action by the Feder...
citizen.org
Here's our reaction to the CA FAIR plan bailout with a quote from @carolinenagy.bsky.social. CA is basically asking insurers to split the $1b bill with the public. Two things you might not realize though: ourfinancialsecurity.org/2025/02/news...
News Release: California Hands $500M Insurance Bailout Bill to Families & Homeowners - Americans for Financial Reform
The California State Insurance Commissioner Ricardo Lara approved a $1 billion bailout of the state’s FAIR (Fair Access to Insurance Requirements) plan to help cover over 3,400 claims it has received ...
ourfinancialsecurity.org
Apply that bad boy to your standard $32 credit card late fee that the CFPB was trying to cap at $8.
More Perfect Union@moreperfectunion.bsky.social · 2y agoElon Musk is calling for the CFPB's remaining account balance of $711,586,678 to be returned to the American taxpayers. That you give everyone $2-$3. But returning Elon Musk’s money to taxpayers would give everyone about $1,300 each.
I have a quote here about the SEC backing off defending the climate transparency rule. What you really need to know --> the new Chair didn't even cite a *single* investor's perspective in his so-called review of "comments on all sides." ourfinancialsecurity.org/2025/02/news...
News Release: Trump SEC Sides with Corporate Polluters Over Investors, Asks Court to Halt Climate Transparency Litigation - Americans for Financial Reform
The Securities and Exchange Commission’s (SEC) Acting Chair Mark Uyeda has requested that the 8th Circuit halt litigation of the agency’s climate transparency rule in light of his and Commissioner Pei...
ourfinancialsecurity.org
"Powell predicts a time when mortgages will be impossible to get in parts of US" finance.yahoo.com/news/powell-...
I expected policy changes at the Fed under Trump-Musk, but halting climate economic research and education is a new low. “It’s the first time in my life I’ve had a set of students who uniformly wanted to learn something and were told that they weren’t allowed to do that,” Dr. Tufano said.
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
nytimes.com
Ocean temperatures made hotter by human-caused climate change are fueling more intense Atlantic hurricanes. A NEW Climate Central study: climate change increased the intensity for most 2019-2023 hurricanes & all (so far) in 2024. Read the study & learn more: climatecentral.org/report/2024-...
Being an (almost) one man agency dedicated to FOIAing the Federal Reserve takes a lot of time, effort and expertise. I really would rather not paywall this stuff, so take out a paid subscription. Plus, I also do contemporary economic analysis. www.crisesnotes.com#/portal/signup
Notes on the Crises
Analysis by Nathan Tankus of Money, Macroeconomics and Market Governance (with a focus on the Federal Reserve)
crisesnotes.com
Another important action from the Biden Admin to lead by example. If the federal government can do a GHG inventory, companies certainly can as well!
John Kostyack@kostyack.bsky.social · 2y agoYesterday the Biden administration rolled out some important new tools for improving performance of the federal government on its GHG emissions and climate risks, as well as the performance of its largest suppliers. www.whitehouse.gov/ceq/news-upd...
