Climate 411

12 State Reports: Cost of Inaction

Sheryl CanterThis post is by Sheryl Canter, an online writer and editorial manager at Environmental Defense Fund.

Some people worry about the cost of taking action to stop climate change. But what they miss is the cost of inaction, which is vastly larger. These costs can be tricky to estimate because they’re often indirect – for example, infrastructure damage from flooding, crop loss, or loss of tourist dollars in a ski resort area. But there’s much good evidence that the cost of inaction is extremely high:

Now the University of Maryland, in collaboration with the National Conference of State Legislatures (NCSL), has extended its national report with studies of the economic and environmental costs of climate change in 12 different states (Colorado, Illinois, Georgia, Kansas, Michigan, North Carolina, New Jersey, Nevada, North Dakota, Ohio, Pennsylvania, and Tennessee).

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Posted in Economics / Read 6 Responses

New Jobs from Clean Energy Can Revitalize the Economy

Jackie RobertsThis post is by Jackie Roberts, director of sustainable technologies at Environmental Defense Fund.

In the midst of reports of six straight months of U.S. job losses, there were two reports on a more hopeful note:

The Worldwatch Institute finding that green economy jobs were increasing as other jobs declined was part of their Vital Signs Update. From Senior Researcher Michael Renner:

Renewables are poised to tackle our energy crisis and create millions of new jobs worldwide.

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Posted in Economics / Read 1 Response

Leaked EPA Draft: Net $ Benefits from Lowered Emissions

Nat KeohaneThis post is by Nat Keohane, Ph.D., director of economic policy and analysis at Environmental Defense Fund.

A few weeks ago, it came out that the White House is excising major portions of an EPA document on regulating greenhouse gas emissions under the Clean Air Act. The document – a draft Advance Notice of Proposed Rulemaking – is EPA’s answer to a 2007 Supreme Court ruling that greenhouse gases fall squarely within the act’s definition of “pollutant”.

The 252-page draft document [PDF] was leaked. In it, EPA projects that controlling greenhouse gas emissions from cars and light trucks would result in substantial net savings to Americans – as high as $2 trillion in net present value over the next few decades.

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Posted in Economics / Read 2 Responses

A Carbon Cap Would Revitalize Our Economy

Sheryl CanterThis post is by Sheryl Canter, an online writer and editorial manager at Environmental Defense Fund.

Fareed Zakaria has a great editorial in today’s Washington Post. It describes how the U.S. economy would be revitalized by a carbon cap that spurs clean energy development. Here’s an excerpt:

Washington’s inaction also stands in contrast to intense activity in the private sector, fascinatingly described in Fred Krupp and Miriam Horn’s new book, “Earth: The Sequel.” Krupp heads the Environmental Defense Fund, but this is not a gloomy global warming tirade. It’s an optimistic account of the progress being made by American industry in renewable energy. The authors explore every new technology, from solar to wind to geothermal, and introduce the men and women who are inventing the future.

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Also posted in Energy / Read 1 Response

Mapping the Green Economy

Jackie RobertsThis post is by Jackie Roberts, director of sustainable technologies at Environmental Defense Fund.

Shifting to a low-carbon economy means creating renewable energy and energy efficiency technologies. This will take a lot of work, but in a good sense. We’ll see increased investment, new businesses, and new products to manufacture — the creation of many new jobs.

The ball won’t start rolling in earnest until the U.S. passes cap-and-trade legislation, but movement has already started. For example, check out this map we created of green businesses and their suppliers in Ohio:

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Posted in Economics / Read 9 Responses

Why a Bill in 2008? It’s the Best Answer to High Gas Prices

Tony Kreindler

This post is by Tony Kreindler, Media Director for the National Climate Campaign at Environmental Defense Fund. It’s the fifth in a series on Why a Bill in 2008, and was also posted today on Grist.

1. Same Politics in 2009
2. Good versus Perfect
3. The Price of Waiting
4. The World is Waiting
5. Best Answer to High Gas Prices


Over the past few months, I’ve made the case for passing climate legislation in 2008. Now we’re finally on the doorstep of Senate action on a comprehensive climate change bill. Floor debate over the Climate Security Act (was S.2191, now S. 3036) will begin Monday, June 2.

If opponents of meaningful action have their way, the debate will be nothing more than a short, partisan fight over gas prices. You can already hear the predictable scare tactics: “Why would we want to raise gas prices now, when working Americans are already suffering at the pump?”

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Also posted in Climate Change Legislation / Comments are closed