Climate Credit Scores Are Coming
The mortgage industry is taking a page out of the climate panic playbook. Climate models —not actual weather, not flood or wildfire history, not FEMA data— are being pushed as a new factor in credit decisions.
It is already standard practice for banks to consider property location when evaluating loans. If your home is in a floodplain or wildfire zone, insurers and lenders account for that. What’s new is the proposal to bake in future climate risk projections, based on speculative models, into your creditworthiness.
Yes, your 30-year fixed-rate mortgage might now depend on someone’s guesswork about the year 2055.
Alarmist Clown Show
A recent “study” by First Street Foundation —a private analytics firm with financial ties to the ESG risk industry— asserts that rising seas, floods, and storms will cause billions in annual mortgage defaults by 2035. Lenders are encouraged to “adjust” accordingly — meaning deny loans, raise rates, or devalue properties based on these projections.
Not taken into account is the fact that these climate models have been wrong for decades.
Sea levels were supposed to swallow the likes of the Maldives and Miami long ago. Catastrophic hurricanes were forecasted year after year. And yet, the real data stubbornly refuses to match the doomsday foretellings.
That’s because most of these models are parameter-tweaked worst-case scenarios, not probabilities. They assume a high climate sensitivity to emissions and feedback loops, always running with the worst-case scenario. They’re not predictive science — they’re political tools.
Now these same broken models are being used to decide whether you can buy a home.
Imagine this: you’re trying to sell your 1950s bungalow. It’s never flooded. FEMA says it’s safe. But a third-party activist algorithm labels it “10/10 flood risk” by 2050. Your buyer backs out. Your property value tanks. And you can’t do a thing about it.
Multiply that by 4 million home sales next year.
This isn’t just bad policy — it’s economic sabotage dressed up as climate justice.
It’s a war on the middle class, cloaked in green — as always seems to be the case.
