The Biden administration’s plan to impose a slew of financial regulations in order to counter climate change would end up having little impact on reducing global temperatures. But the measures would be quite effective at hurting economy, expanding government authority, and moving the country toward totalitarianism, according to several experts. Biden’s plan, sketched out in a recent “roadmap” White House report, would infuse projections on climate change into decisions across the financial industry (pdf). Applying for a mortgage or other loans? The bank would consider the “climate risk” of underwriting it. Taking out an insurance? “Climate risk” would play into your premium. Putting money into a pension or investment fund? The fund managers would be free to consider “climate risk” in deciding where to invest your money. Buying stocks on your own? Public companies would need to divert part of their attention to explaining “climate risks” they face. Applying for …