Current:Home > StocksWill a Greener World Be Fairer, Too? -Mastery Money Tools
Will a Greener World Be Fairer, Too?
View
Date:2025-04-16 22:46:36
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! (11)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Raquel Welch, actress and Hollywood sex symbol, dead at 82
- New MLK statue in Boston is greeted with a mix of open arms, consternation and laughs
- A collection of rare centuries-old jewelry returns to Cambodia
- Trump invites nearly all federal workers to quit now, get paid through September
- Author George M. Johnson: We must ensure access to those who need these stories most
- George Saunders on how a slaughterhouse and some obscene poems shaped his writing
- Matt Butler has played concerts in more than 50 prisons and jails
- Sonya Massey's father decries possible release of former deputy charged with her death
- Robert Blake, the actor acquitted in wife's killing, dies at 89
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Sold an American Dream, these workers from India wound up living a nightmare
- A daytime TV departure: Ryan Seacrest is leaving 'Live with Kelly and Ryan'
- 'Wait Wait' for March 4, 2023: With Not My Job guest Malala Yousafzai
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- An Oscar-winning costume designer explains how clothes 'create a mood'
- 'The God of Endings' is a heartbreaking exploration of the human condition
- Kelela's guide for breaking up with men
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Jimmy Kimmel celebrates 20 years as a (reluctant) late night TV institution
How Stokely Carmichael and the Black Panthers changed the civil rights movement
What's making us happy: A guide to your weekend reading, listening and viewing
Senate begins final push to expand Social Security benefits for millions of people
You will not be betrayed by 'The Traitors'
2023 Oscars Guide: International Feature
'Return to Seoul' is a funny, melancholy film that will surprise you start to finish