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By Natasha Lasky, ODP Staff Writer A report in the Dasgupta Review shows that by using a fiscal lens to view Earth’s growing biodiversity loss, we can see how it links to economic development. By viewing nature as an asset like “produced capital (roads, buildings and factories)” or “human capital (health, knowledge and skills)” — […]
By Amy Lupica, ODP Daily Editor In May, President Biden ordered government agencies to evaluate and develop a plan to mitigate the risk that climate change presents to the US economy. Last week, the administration released a first-of-its-kind roadmap to building a climate-resilient economy. The 40-page report was announced Friday and lays out concrete government-wide […]
Continuing its set of opinion surveys in the run-up to Earth Day, Gallup has released the results of another poll, finding that the percent of American adults who say that “protection of the environment should be given priority even at the risk of curbing economic growth” has dropped by 15% since 2018. Experts say that this number often correlates with unemployment, which the COVID-19 pandemic greatly increased.
by Monica Medina and Miro Korenha President Trump is the Climate Denier- in-Chief. He says wind turbines cause cancer (they don’t), that energy-efficient light bulbs make him look bad (what doesn’t?), we need more water to wash our dishes (that’s expensive and wasteful), and that energy-efficient building have no windows (wrong again). He promised to […]
The climate plan that Joe Biden released this week is ultimately a jobs plan–one that envisions our nation on a sustainable trajectory with abundant jobs provided by the build-out of a clean energy economy. Biden received the endorsement of multiple unions for his plan and seized the opportunity to present a vision of America that […]
A new study by the Economist magazine’s Intelligence Unit (EIU) finds not surprisingly that rich countries such as those in Europe and North America are more resilient to climate change, with less impact on their economies than other regions. The EIU used an index and found that the global economy will be 3% smaller in 2050 when analyzed against a new framework they developed, while the U.S. will be 1.1% smaller, according to CNN Business.
Why This Matters: The extent of preparation for climate change impacts is an important economic health indicator for banks, governments, companies, and other institutions as they make investments in those regions — not to mention the citizens of those regions when they consider the effectiveness of their governing institutions.
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