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economics

The decisions each country, business and investor makes today will directly impact global climate and development goals. Do it right and we can feed 9 billion people, provide clean electricity for all and grow the economy while protecting the environment.

A recent article from the U.S. Chamber of Commerce’s Institute for 21st Century Energy uses a NERA Economic Consulting study as evidence that meeting U.S. climate change commitments will cause economic hardship, particularly in the manufacturing sector. WRI researchers found that the Chamber’s conclusions are based on a decarbonization pathway that is unrealistic and unnecessarily costly.

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