While Washington Fiddles, Many States Facing Up To Threats of Climate Change
While Washington Fiddles, Many States Facing Up To Threats of Climate Change
President Donald Trump, on the other hand, said it would "put millions of
Americans out of work."
Battle lines have been drawn with the first major U.S. proposal to tackle
climate change in nearly a decade: Does stopping global warming mean
wrecking the economy? Or is failing to act worse?
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In the coming months, Voice of America will explore the prospects for
salvaging the environment without killing off jobs.
We will meet winners and losers in the energy transition. Our first stop will be
in Markey's home state of Massachusetts, where an energy transition is well
underway. We will visit a town where one of the state's last coal-fired power
plants closed, shedding coal jobs but gaining a cutting-edge solar farm. We
will see how Massachusetts' investments in the green economy are paying
dividends in jobs and economic growth.
Though the Senate has voted down Markey and Ocasio-Cortez's nonbinding
Green New Deal resolution, the proposal has put climate change and reducing
greenhouse gas emissions back on the agenda on Capitol HIll. Even Senate
Majority Leader Mitch McConnell, a steadfast opponent of measures to reduce
carbon emissions, now acknowledges global warming is a real and human-
induced threat.
Trump, by contrast, has called climate change a hoax and sees unfettered
production of coal, oil and natural gas as the path to economic expansion.
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Eight of the 10 hottest years on record have piled up in just the last decade.
Hotter and drier conditions in California helped spread the wildfires that
caused $24 billion in damage and claimed 106 lives last year. Those fires broke
the record for area burned, a record that was set just the year before.
A warmer atmosphere holds more water, making epic soakers like last year's
Hurricane Florence more likely. That $24 billion disaster followed 2017's
Hurricane Harvey, which did $127.5 billion in damage to Houston and the
surrounding areas.
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Polls show Americans feel the threat of a changing climate more strongly than
ever. Seventy-three percent say global warming is happening, and 62 percent
say it is mostly human-caused. Both figures are the highest since the Yale
Program on Climate Communication started polling in 2008.
Two-thirds say they are "worried" or "very worried" about global warming.
For the first time, that includes a third of conservative Republicans.
That has left states, local governments and businesses to fill in the gap. But it
will not be easy or cheap.
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Pricing pollution
One possible tool: Put a price on the carbon pollution that is causing global
warming in the first place.
Raising the price reduces demand for more-polluting fuels and encourages
companies and consumers to find cheaper, cleaner alternatives, economists
say.
Pricing carbon would also raise revenue that can be returned to taxpayers or
invested in reducing emissions.
Participants walk past the main entrance of the One Planet Summit, in
Boulogne-Billancourt near Paris, France, Dec. 12, 2017.
"There's a lot of rhetoric about how a carbon tax or a greenhouse gas tax
would wreck the economy," said Brookings Institution economist Adele
Morris. "There's absolutely no peer-reviewed evidence that supports that
assertion."
And they would not solve the problem on their own. Pledges the United States
and others made in Paris will not achieve the ultimate goal of the accord: Keep
global warming to "well below 2 degrees Celsius above pre-industrial levels."
That would take a carbon price of at least $40 to $80 per ton, rising to $50 to
$100 by 2030, according to a World Bank-backed commission. It's only about
$15 per ton in California, and $5 in the nine-state market.
FILE - Kristin Cook, right, of Potomac, Md., joins a rally outside the White House
in Washington.
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As Trump moves to withdraw the United States from the Paris climate treaty,
many states are moving forward on their own.
After Trump announced the United States would withdraw from the Paris
agreement, more than 2,000 businesses and investors declared that they
continue to support the climate accord.
Under pressure from the group, oil giants Shell and BP recently said they will
tie executives' bonuses to reaching climate goals. Major mining corporation
Glencore agreed not to expand its coal mining business.
For investors, Lubber says, the economic risk comes not from fighting climate
change.
"If we don't stop global warming, we wreck the economy," she said.
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Steve Baragona
Steve Baragona is an award-winning multimedia
journalist covering science, environment and health.