States Touting Climate Action Dividends

Fri, 2008-10-24 11:22Richard Littlemore
Richard Littlemore's picture

States Touting Climate Action Dividends

Far from being a costly policy initiative that must be postponed for better times, major reports out of Florida and California are suggesting that climate action is potentially a vital component of economic recovery.

In Florida, Governor Charlie Crist's Action Team on Energy and Climate Change has estimated that the state can achieve $28 billion in net economic savings between now and 2025, while reducing carbon emissions 64% from business-as-usual projections.

In California, a study by David Roland-Holst from the University of California at Berkeley projected that the state could meet Governor Arnold Schwarzenegger's aggressive CO2 emission reduction targets while increasing the Gross State Product (GSP) by about $76 billion, increasing real household incomes by up to $48 billion and creating as many as 403,000 new efficiency and climate action driven jobs.

HT to John Mashey.

Comments

Great picks Richard. Keep spreading these kinds of stories! Maybe learning and disseminating the details will help people better get it and believe it too.

Another example is the Google climate plan. It was mis-framed by the media, not surprisingly, as a trillion dollar plan due to the up-front investments, but they were over time and led to trillion dollar savings.

See http://knol.google.com/k/-/-/15x31uzlqeo5n/1 or

http://climateprogress.org/2008/10/06/googles-ambitious-energy-and-climate-plan/ for example)

[x]
A U.S. District Court judge ruled on June 27 that the Bureau of Land Management (BLM) and Forest Service both wrongly approved expansion of the West Elk coal mine in Somerset, Colo., because they failed to take into account the economic impacts greenhouse gas emissions from the mining would have.
 
The federal agencies said it was impossible to quantify such impacts, but the court pointed out a tool is...
read more