Credit Rating Agency Issues Warning On Climate Change To Cities
Moody's Investor Services says it might downgrade U.S. cities' credit rating if they don't deal with the risks posed by climate change.
by Nathan Rott
Dec 01, 2017
2 minutes
One of the largest credit rating agencies in the country is warning U.S. cities and states to prepare for the effects of climate change or risk being downgraded.
In , Moody's Investor Services Inc. explains how it assesses the credit risks to a city or state that's being impacted by climate change â whether that impact be a short-term "climate shock"
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