Current:Home > StocksWill a Greener World Be Fairer, Too? -Secure Horizon Growth
Will a Greener World Be Fairer, Too?
View
Date:2025-04-17 01:24:39
The impact of climate legislation stretches well beyond the environment. Climate policy will significantly impact jobs, energy prices, entrepreneurial opportunities, and more.
As a result, a climate bill must do more than give new national priority to solving the climate crisis. It must also renew and maintain some of the most important — and hard-won — national priorities of the previous centuries: equal opportunity and equal protection.
Cue the Climate Equity Alliance.
This new coalition has come together to ensure that upcoming federal climate legislation fights global warming effectively while protecting low- and moderate-income consumers from energy-related price increases and expanding economic opportunity whenever possible.
More than two dozen groups from the research, advocacy, faith-based, labor and civil rights communities have already joined the Climate Equity Alliance. They include Green For All, the NAACP, the Service Employees International Union (SEIU), the Center for American Progress, the Center on Budget and Policy Priorities, Oxfam, and the United States Conference of Catholic Bishops.
To protect low-and moderate-income consumers, the Alliance believes climate change legislation should use proceeds from auctioning emissions allowances in part for well-designed consumer relief.
Low- and moderate-income households spend a larger chunk of their budgets on necessities like energy than better-off consumers do. They’re also less able to afford new, more energy-efficient automobiles, heating systems, and appliances. And they’ll be facing higher prices in a range of areas — not just home heating and cooling, but also gasoline, food, and other items made with or transported by fossil fuels.
The Alliance will promote direct consumer rebates for low- and moderate-income Americans to offset higher energy-related prices that result from climate legislation. And as part of the nation’s transition to a low-carbon economy, it will promote policies both to help create quality "green jobs" and to train low- and moderate-income workers to fill them.
But the Alliance goes further – it promotes policies and investments that provide well-paying jobs to Americans. That means advocating for training and apprenticeship programs that give disadvantaged people access to the skills, capital, and employment opportunities that are coming to our cities.
The Climate Equity Alliance has united around six principles:
1. Protect people and the planet: Limit carbon emissions at a level and timeline that science dictates.
2. Maximize the gain: Build an inclusive green economy providing pathways into prosperity and expanding opportunity for America’s workers and communities.
3. Minimize the pain: Fully and directly offset the impact of emissions limits on the budgets of low- and moderate-income consumers.
4. Shore up resilience to climate impacts: Assure that those who are most vulnerable to the direct effects of climate change are able to prepare and adapt.
5. Ease the transition: Address the impacts of economic change for workers and communities.
6. Put a price on global warming pollution and invest in solutions: Capture the value of carbon emissions for public purposes and invest this resource in an equitable transition to a clean energy economy.
To learn more about the Climate Equity Alliance, contact Jason Walsh at jason@greenforall.org or Janet Hodur at hodur@cbpp.org.
veryGood! (64)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- What is Brat Summer? Charli XCX’s Feral Summer Aesthetic Explained
- Paris Olympics opened with opulence and keeps going with Louis Vuitton, Dior, celebrities
- As gender eligibility issue unfolds, Olympic boxer Lin Yu-Ting dominates fight
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Everything You Need to Get Through the August 2024 Mercury Retrograde
- AP Decision Notes: What to expect in Michigan’s state primaries
- The Viral Makeup TikTok Can’t Get Enough Of: Moira Cosmetics, Jason Wu, LoveSeen, and More
- New data highlights 'achievement gap' for students in the US
- AP Decision Notes: What to expect in Michigan’s state primaries
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- IOC: Female boxers were victims of arbitrary decision by International Boxing Association
- Summer Music Festival Essentials to Pack if You’re the Mom of Your Friend Group
- Sha'Carri Richardson wins her women's 100m opening heat with ease
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Did Katie Ledecky win? How she finished in 800 freestyle
- D23 Ultimate Disney Fan Event Unveils Star Wars, Marvel & More Collections: An Exclusive First Look
- Flavor Flav, Alexis Ohanian step up to pay rent for US Olympian Veronica Fraley
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Son of Kentucky dentist charged in year-old killing; dentist charged with hiding evidence
Swimmer Tamara Potocka under medical assessment after collapsing following race
Georgia governor suspends Newton County commissioner accused of taking kickback
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
North Dakota voters will decide whether to abolish property taxes
Ground cinnamon products added to FDA health alert, now 16 with elevated levels of lead
2024 Olympics: Sha'Carri Richardson Makes Epic Comeback 3 Years After Suspension