Can We Save the Planet and Our Economy?

Can We Save the Planet and Our Economy?

( – As America approaches a tipping point with Planet Earth and global economies in crisis, it’s abundantly clear that 21st-Century problems will require creative solutions. The good news is that we don’t have to choose between the economy or the environment; these are not mutually exclusive endeavors. Addressing both problems just requires Americans to get on the same page regarding climate change.

On one side of the spectrum lies Rep. Alexandria Ocasio-Cortez (D-NY) and her beloved Green New Deal. On the other end lies Senator Jim Inhofe (R-OK), who famously tossed a snowball onto the Senate floor in 2015 to “disprove” the global warming theory.

And, between those two extremes lie President Trump. Arguably, he has been all over the map regarding climate change calling it “an expensive hoax” and “mythical” in the past. In 2012, he even tweeted that the Chinese created “the concept of global warming” to disrupt American manufacturing.

But this is a very surface-level view. Looking deeper into President Trump’s views reveals his consistent acceptance of the reality of climate change.

  • In 2016, he discussed the “connectivity” between climate change and human activity with The New York Times.
  • In 2018, he told 60 Minutes, “I don’t think it’s a hoax.”
  • In 2020, he told reporters it was “a very serious subject.

The next step in finding a fix? Understanding the connection between saving the planet and fixing the economy.

Saving the Planet and Fixing the Economy Are Connected

The World Economic Forum issued a report in May 2020 discussing the COVID-19 pandemic’s impact on efforts to tackle global climate change and the world’s economies. The resulting Global Risks Report emphasized the reality that “a healthy planet” is “fundamental to all our endeavors” to include economic security.

Similarly, the Yale School of the Environment published a report in April 2020 discussing the process of rebuilding global economies and saving the planet.

Mark Maslin, a climate scientist, talked about the importance of an integrative approach wherein governments can shift their economies “to a more sustainable footprint” as the world begins rebuilding. Fatih Birol of the International Energy Agency discussed steering energy investments as part of global efforts to stimulate their economies.

Governments are already pledging trillions of dollars to rebuild economic structures. At the same time, they can put the use of clean energy into practice. And, they can create new jobs along the way.

As America moves into the 21st Century, it is impossible to disconnect climate and economic policies. The emerging technologies required to address climate change and its effects will create entire industries and jobs. That’s a very good thing.

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