Re: Gina McCarthy Medium Post on Climate Change

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Perfect thank you! On Wed, Jun 17, 2015 at 2:50 PM, John Podesta <[email protected]> wrote: > Ok > On Jun 17, 2015 2:34 PM, "Milia Fisher" <[email protected]> > wrote: > >> *TWEET:* Great post from @GinaEPA on how we strengthen our economy when >> we #ActOnClimate. Read on @Medium: >> medium.com/@GinaEPA/the-economic-case-for-fighting-climate-change-fa6da3ef5e1e >> >> *The Economic Case for Fighting Climate Change >> <https://medium.com/@GinaEPA/the-economic-case-for-fighting-climate-change-fa6da3ef5e1e>* >> *A strong, competitive American economy depends on climate action.* >> *by Gina McCarthy* >> >> For nearly 45 years, the U.S. Environmental Protection Agency has worked >> to cut pollution to keep people safe. That’s our mission: to protect public >> health and the environment. In that time, we’ve dramatically cleaned up our >> water and our air. >> >> But climate change is as big an environmental challenge as we have ever >> faced. It supercharges risks not only to our health, but to our economy and >> our way of life. From stronger storms and longer droughts to increased >> allergy seasons, insurance premiums, and food prices, climate impacts >> affect all Americans’ lives. >> >> We know what’s fueling it: carbon pollution. And power plants are the >> largest source. We already have commonsense limits for smog- and >> soot-forming pollution from power plants as well as for toxics like mercury >> and arsenic — but there are currently no such restrictions on carbon >> pollution. >> >> As proposed, by 2030 our Clean Power Plan will cut carbon pollution from >> the power sector by 30 percent below 2005 levels. From thousands fewer >> asthma and heart attacks to reduced smog and soot, the health benefits of >> climate action are enormous — and so are the benefits to our economy. >> >> When we set ground rules to limit carbon pollution, we send a long-term >> market signal that propels innovation and investment in cleaner energy >> technologies, expanding new industries and creating good-paying jobs. >> >> *First — our low carbon future is inevitable. A clean energy >> transformation is already underway, and EPA’s Clean Power Plan will help >> accelerate ongoing progress.* >> *Since President Obama took office, we’ve tripled our wind power and have >> generated 20 times more solar electricity.* >> >> Solar jobs are growing faster than any other sector in the American >> economy, with one job added every 20 minutes in 2014 — those are jobs that >> can’t be shipped overseas. >> >> The cost of solar continues to fall year after year. By some estimates, a >> new solar system is installed every four minutes in the U.S. >> >> EPA’s Clean Power Plan builds on existing momentum. As states, utilities, >> businesses, industries and families look to squeeze out carbon pollution >> from their buildings, homes and operations, they’ll increasingly turn to >> cleaner sources like wind and solar, and cleaner strategies like increased >> efficiency — because it saves them money. >> >> All this means more jobs, not less. We’ll need thousands of American >> workers, in construction, renovation and more, to make a cleaner, more >> efficient power sector a reality. >> >> *Second — our rule sends a long term market signal that gives companies >> and banks the certainty they need to accelerate investment in cutting-edge >> clean energy technologies.* >> >> Many forward-looking energy companies embrace climate action as the new >> normal — for example, Spectra Energy is investing billions in clean energy, >> and utilities like Exelon and Entergy are already weaving climate >> considerations into their business plans. >> >> Big banks are putting big money down on our low-carbon future — for >> example, Citigroup recently pledged $100 billion over the next 10 years to >> support projects that reduce emissions and protect communities. >> >> The value of climate action spans further than the energy sector. >> Companies like Best Buy are investing in low-carbon operations, and Bank of >> America pays its employees to cut carbon pollution. >> >> Why? Because investors and CEOs see reducing pollution as valuable to >> their companies’ bottom lines. That’s why more than a thousand of the >> world’s largest multinational companies have collectively called climate >> action “one of America’s greatest economic opportunities of the 21st >> century.” >> >> *Third — let’s not forget: The American people and the American economy >> have faced enormous pollution challenges before, and history proves we can >> turn incredible challenges into incredible opportunity.* >> >> In the 1980s, acid rain poisoned rivers, killed wildlife and eroded >> buildings. EPA stepped in to reduce the source pollution from power plants, >> spurring private-sector innovation that’s helped make America the world’s >> leading exporter of pollution control technology — a sector with exports >> worth $44 billion a year (more than other large U.S. sectors like plastics >> and rubber products) and accounting for 1.7 million jobs. >> >> When EPA phased out toxic leaded gasoline, we jumpstarted innovation that >> led to dramatically cleaner cars, a stronger automotive industry, and — in >> just a few decades — we’ve gone from 88 percent of American children having >> elevated levels of lead in their blood to less than 1 percent today. >> >> Even with a proven track record of economic strength from environmental >> progress, some special-interest critics remain skeptical about climate >> action’s positive influence on our economy. >> >> But the facts are clear: Just last week, yet another independent study >> showed our rule will lead to a net job gain. Back when we proposed our >> rule, a separate study said that even those states still skeptical about >> EPA’s action will see a net economic benefit of $16 billion. >> >> At the end of the day, the case for climate action is much bigger than >> any one study. It comes down to a simple question: What kind of world do we >> want to leave behind for our children and grandchildren? >> >> We know the answer: a world that’s safer, cleaner and rich with economic >> opportunity. >> >> When you take that full view, the economic case for climate action — and >> EPA’s Clean Power Plan — is compelling beyond doubt. >> >> -- >> Milia Fisher >> Special Assistant to the Chair >> Hillary for America >> [email protected] >> o: 646.854.1198 c: 858.395.1741 >> > -- Milia Fisher Special Assistant to the Chair Hillary for America [email protected] o: 646.854.1198 c: 858.395.1741