The safeguard mechanism, mandatory climate reporting and the public money going into transmission, storage and manufacturing have moved climate out of the values column and into the capital budget. A board that still treats it as a compliance line is planning against the wrong map.
The piece will cover where the transition money is going, which regulators now expect climate risk in every disclosure, and how to reach the departments and agencies writing the rules before the rules are set.
If this is already on your board’s agenda, it is worth a conversation before it becomes urgent.