Political Quotes

“Mr. President, for a long time, people opposed to climate action said that tackling climate change would be too costly, would harm economic growth, would be bad for American businesses, and would kill jobs. It turns out these were phony arguments peddled by fossil fuel interests. It turns out they are flat wrong. It turns out that actually the true economic hazard is not climate action but climate inaction. We have recently seen an explosion of warnings from economic regulators, central banks, insurers, investment firms, and risk analysts that we face economic peril if we fail to address climate change. These are not green groups; these are neutral business and economic experts--the people whose job it is to protect us from risks to financial stability and the people who make a business calculation about what we stand to lose from unabated climate change. Their warnings are many, and their warnings are serious. One example: Just last month, Moody's warned that climate change will increasingly disrupt and damage critical infrastructure and property and will hurt worker health and productivity across the globe. Moody's, the credit rating giant, estimated--hang on--$69 trillion. We talk about millions around here pretty readily. We talk about billions when we are talking about really big money. Moody's estimated $69 trillion of economic damage globally by 2100, even if we limit global warming to only 2 degrees Celsius.…”