ABSTRACT

Cost of Inaction on Climate Change, Hearing Before the Committee on the Budget, United States Senate, One Hundred Seventeenth Congress, First Session, April 15, 2021   [open pdf - 22MB]

This is the April 15, 2021 hearing on "Cost of Inaction on Climate Change," held before the U.S. Senate Committee on the Budget. From the opening statement of Bernard Sanders: "[W]e have got to make it clear to the fossil fuel industry that their short-term profits are not more important than the future of our planet. At this hearing we will explore the cost climate change has had and will have on our planet. Among many other actions that must be taken, we cannot continue to hand out corporate welfare to the fossil fuel industry, and that is why today I, along with Senators Merkley, Markey, Booker, Van Hollen, and Warren, introduce the End Polluter Welfare Act, which would abolish $150 billion in tax loopholes, subsidies, and special interest giveaways to the oil, gas, and coal industry over the next decade. The devastating impacts of climate change are here, and now is the time for Congress to take action." Statements, letters, and materials submitted for the record include those of the following: David Wallace-Wells, Patty Murray, Robert B. Litterman, Joseph E. Stiglitz, George Oliver, and Richard J. Powell.

Report Number:
S. Hrg. 117-44; Senate Hearing 117-44
Publisher:
Date:
2021
Copyright:
Public Domain
Retrieved From:
U. S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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