Current:Home > ContactWill a Greener World Be Fairer, Too? -TrueNorth Finance Path
Will a Greener World Be Fairer, Too?
View
Date:2025-04-13 04:09:09
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! (4)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Tom Brady and Irina Shayk Reunite During Art Basel Miami Beach
- Regulators’ recommendation would mean 3% lower electric rates for New Mexico residential customers
- Krys Marshall Reveals This Episode of For All Mankind Was the Hardest Yet
- Questlove charts 50 years of SNL musical hits (and misses)
- US Coast Guard helicopter that crashed during rescue mission in Alaska is recovered
- Protesters at UN COP28 climate summit demonstrate for imprisoned Emirati, Egyptian activists
- Amazon says scammers stole millions through phony product returns
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- CDC warns travelers to Mexico's Baja California of exposure to deadly Rocky Mountain spotted fever
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Columbus Crew vs. Los Angeles FC MLS Cup 2023: Live stream, time, date, odds, how to watch
- 4 coffee table art books from 2023 that are a visual feast
- Army vs. Navy best moments, highlights: Black Knights defeat Midshipmen in wild finish
- Trump wants to turn the clock on daylight saving time
- Rick Rubin on taking communion with Johnny Cash and why goals can hurt creativity
- Hundreds of Georgians march in support of country’s candidacy for European Union membership
- Brenda Lee is much bigger than her 1958 Christmas song that just hit No.1
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Red Wings captain Dylan Larkin lies motionless on ice after hit from behind
Mike McCarthy's return from appendectomy could be key to Cowboys' massive matchup vs. Eagles
Ukraine condemns planned Russian presidential election in occupied territory
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Children of imprisoned Iranian activist Narges Mohammadi to accept Nobel Peace Prize on her behalf
Elon Musk restores X account of conspiracy theorist Alex Jones
Taylor Swift sets record as Eras Tour is first to gross over $1 billion, Pollstar says