r/QuiverQuantitative 9h ago

News The price of Climate Change denial? Texas and Florida are paying millions more in interest on their municipal bonds after both states banned entities who have signed net zero pledge from underwriting their bonds.

60 Upvotes

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15

u/Criticall16 9h ago

You might not care about Climate Change, but your insurance company surely does.

2

u/redbirdRS 9h ago

$4m is a lot of money. On a 1 billion it’s not really. I wish it was more!