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climate legislation

Since 195 countries adopted the Paris Agreement in December 2015, many countries are starting to implement their climate commitments or “nationally determined contribution” (NDC). But many developing countries lack the tools to measure, report and verify progress on their climate commitments and actions. The Initiative for Climate Action Transparency (ICAT) was launched today in response to calls for support from countries for improved transparency and capacity building related to the Paris Agreement.

Putting a price on carbon can be an effective policy to spur innovation, create lasting economic growth, and help the United States achieve its carbon reduction goals.

As the federal government gets started implementing a national Climate Action Plan, the country’s boldest state-level experiment is making strong progress. Yesterday, California announced the results of its latest auction of carbon pollution permits, completely selling out of its permits for future carbon pollution for the first time. The increased demand for these pollution permits reflects an encouraging development: Confidence in California’s climate action program is growing, and its long-term future is becoming more and more certain.

Bringing together some of the world’s foremost economic experts to contribute to the global debate about climate change and economic policy, and to inform government, business and investment decisions.

Building support for climate change action by ensuring policy makers, media and citizens are aware of local U.S. climate impacts.

As I prepare to take part in an event on hurricanes and extreme weather in Miami, Florida later today, it’s clear just how much climate change threatens the state’s local communities. Florida is the most vulnerable U.S. state to sea-level rise, with seas projected to rise along the state’s coast by as much as 2 feet by 2060--threatening valuable infrastructure, homes, and communities. Even Superstorm Sandy--which had the greatest impacts in New York and New Jersey--caused significant damages along Florida’s east coast while centered miles offshore. Rising seas contributed to Sandy’s storm surge and tidal surges, causing flooding throughout Miami-Dade County and sweeping away portions of State Road A1A in Fort Lauderdale.

But as overly concerned as I am of the climate change impacts Florida faces, I’m also encouraged. Florida has something that few other states have: A bipartisan collaboration to address global warming’s disastrous impacts.

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