[Breitbart] The domestic crises continue in U.S. ports and on the southern border but President Joe Biden and his administration are focused on so-called climate change, including releasing a a 40-page report on Friday on how the issue threatens the U.S. economy.
The report connects weather to endangering finances, insurance, housing, and savings for American families.
The summary of the report states:
Climate change poses serious and systemic risks to the U.S. economy and financial system. As outlined in this report, the United States government is using all of its tools to properly account for and mitigate climate change-related financial and economic risks, as climate impacts are already affecting American jobs, homes, families’ hard-earned savings, and businesses.
The country must work with urgency to reduce the risks of climate change by addressing its drivers and creating a stronger, more resilient economy. This report lays out a roadmap for measuring, disclosing, managing, and mitigating climate-related financial risk across the economy, including to the Federal Government, while also catalyzing public and private investment to seize the opportunity of a net-zero, clean energy future.
This comes following Biden’s May 2021 executive order. Biden said of his order:
The intensifying impacts of climate change present physical risk to assets, publicly traded securities, private investments, and companies…the failure of financial institutions to appropriately and adequately account for and measure these physical and transition risks threatens the competitiveness of U.S. companies and markets, the life savings and pensions of U.S. workers and families, and the ability of U.S. financial institutions to serve communities. … In this effort, the Federal Government should lead by example by appropriately prioritizing Federal investments and conducting prudent fiscal management.
The report speaks about an economic “realignment” and even the supply chain — without mentioning the current crisis:
This realignment will also include a greater exploration of climate-related financial risks related to the agricultural, forest, and land use sector (AFOLU). The Federal Government needs to better understand how AFOLU climate-related financial risk might affect U.S. supply chains and U.S. farmers, ranchers, foresters, and agricultural workers as well as how the Federal Government can play a positive role by promoting climate-smart agricultural and forestry practices, investing in coastal resilience and other land and water projects that mitigate climate impacts, and using financial and other tools to conserve critical carbon sinks.
“If this year has shown us anything, it’s that climate change poses an ongoing urgent and systemic risk to our economy and to the lives and livelihoods of everyday Americans, and we must act now,” Gina McCarthy, the White House national climate adviser, told reporters, according to Time magazine.
Time said the timing of the report is significant because it is designed “to showcase to the world how serious the U.S. government is about tackling climate change ahead of the United Nations Climate Change Conference running from Oct. 31 to Nov. 12 in Glasgow, Scotland.” 
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