Global climate change is a potentially catastrophic problem. Unchecked climate change will disrupt people’s access to the basic elements of life – food, water, shelter, and health. Because greenhouse gas (GHG) emissions are nearly always the result of economic activities, economic policy will play a key role in any effort to mitigate climate change. The size and imminence of the danger from climate change calls for using all potential levers of economic policy—at all levels of government—to reorient economic activity away from GHG emissions. This transition must be guided by principles of racial equity and economic justice that protect, support, and empower working people and highly impacted communities.
FPI on Housing, Healthcare, Education & Climate in FY 2025 Enacted Budget
- April 20, 2024
- Fiscal Policy Institute
- Nathan Gusdorf