Repost from August 2020. Reality THEN and NOW. November 2020

 Is it the messenger, or the message

 

Disasters and Climate Change Affecting Municiple Bond Ratings. “As investors get smarter about climate change risk, it will become more expensive for governments with the largest need to borrow,” Posted: 19 Aug 2020 12:12 AM PDT  https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2019/10/01/climate-change-could-make-borrowing-costlier-for-states-and-cities#:~:text=Governments%20pay%20higher%20interest%20rates,their%20credit%20ratings%20are%20low.&text=To%20date%2C%20the%20bond%20market,respect%20to%20climate%20change%20vulnerabilities.      Climate Change Could Make Borrowing Costlier for States and