Md. comptroller: Climate risk is an investment risk, so why is Congress trying to prevent me from considering it?

According to the latest U.S. National Climate Assessment, extreme weather events cost the United States nearly $150 billion each year, disproportionately hurting poor and disadvantaged communities. These events cast a long shadow on our economic landscape. Whether it’s a wildfire in Maui, hurricanes in Florida or flooding in New York City, the impacts of these disasters ripple across multiple sectors of the economy, leaving a trail of asset devaluation and increased insurance costs.