Political Quotes

“I am back with my trusty battered ``Time to Wake Up'' chart here to talk about the climate warnings that now predict climate-related damage in the trillions of dollars-- trillions of dollars. A full third of our national debt already comes from economic shocks like COVID and the 2008 mortgage meltdown. I have been using the Budget Committee to spotlight warnings that the next big economic shock will be caused by climate change. Climate change is not just about polar bears or green jobs. It is about economic storm warnings to which we had better start paying attention. Today, I will talk about three. The most recent comes from the Potsdam Institute. Madam President, I ask unanimous consent to have the report summary printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: [From Nature, volume 628, pages 551-557 (2024)] The Economic Commitment of Climate Change (By Maximilian Kotz, Anders Levermann & Leonie Wenz) Abstract Global projections of macroeconomic climate-change damages typically consider impacts from average annual and national temperatures over long time horizons. Here we use recent empirical findings from more than 1,600 regions worldwide over the past 40 years to project sub-national damages from temperature and precipitation, including daily variability and extremes.…”