Current:Home > InvestWill a Greener World Be Fairer, Too? -WealthFlow Academy
Will a Greener World Be Fairer, Too?
View
Date:2025-04-13 15:21:08
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! (2)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Former Ohio State QB Kyle McCord announces he is transferring to Syracuse
- Why are there so many college football bowl games? How the postseason's grown since 1902
- How the White House got involved in the border talks on Capitol Hill -- with Ukraine aid at stake
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- People are leaving some neighborhoods because of floods, a new study finds
- Arizona Diamondbacks' new deal with Lourdes Gurriel Jr. pushes payroll to record levels
- Colombia’s leftist ELN rebels agree to stop kidnapping for ransom, at least temporarily
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- People are leaving some neighborhoods because of floods, a new study finds
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Jeff Roe, main strategist for DeSantis super PAC, resigns
- Gary Sheffield deserves to be in baseball's Hall of Fame: 'He was a bad boy'
- NFL playoff picture Week 15: Cowboys tumble despite sealing spot, Bills surge
- Grammy nominee Teddy Swims on love, growth and embracing change
- Some experts push for transparency, open sourcing in AI development
- German Chancellor Scholz tests positive for COVID, visit by new Slovak leader canceled
- Buying a house? Don't go it alone. A real estate agent can make all the difference.
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
U.S. says its destroyer shot down 14 drones in Red Sea launched from Yemen
More than 300 rescued from floodwaters in northeast Australia
April 2023 in photos: USA TODAY's most memorable images
Intel's stock did something it hasn't done since 2022
Fantasia Barrino accuses Airbnb host of racial profiling: 'I dare not stay quiet'
Colombia’s leftist ELN rebels agree to stop kidnapping for ransom, at least temporarily
Officials open tuberculosis probe involving dozens of schools in Nevada’s most populous county