A 'green interest rate?' Fed digs into climate change economics
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SAN FRANCISCO/NEW YORK (Reuters) - In their deliberations on monetary policy, Federal Reserve policymakers need to consider many factors, but up to now, climate change has not been one of them.But as worries about the warming planet increase, the U.S. central bank is taking a closer look at the economic impacts of higher temperatures, more frequent severe weather, and rising sea levels.A "green interest rate" is one of the ideas on view Friday as the San Francisco Fed convenes the U.S. central..