So far, the big message from the Glasgow climate conference is the role of finance in decarbonising the global economy. It’s a dangerous development. In his speech to COP 26 last week, the Chancellor, Rishi Sunak, pledged action to ‘rewire the entire financial system for Net Zero.’ Finance has taken centre, stage in large part because of inadequate government policies.
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Rupert Darwall is a senior fellow of the RealClear Foundation and author of 'Climate-Risk Disclosure: A Flimsy Pretext for a Green Power Grab,' which is published this month.
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