Climate activists are warning that central banks are taking a “risky gamble” with their strategies for addressing the financial risks from global warming. The scenarios being used to guide the transition to a carbon-neutral economy are biased toward temperatures that are too high and fossil-fuel phase-outs that are too slow, according to a study by Oil Change International and Reclaim Finance. Such downplaying of the speed and depth of the necessary energy shift risks perpetuating the status quo for use of fossil fuels, the lobby groups said Monday. The warning is based on scenarios by the Network for Greening the ... (full story)