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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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The most recent communique from the G20 drops all references to climate change, a move reportedly instigated by the United States, Saudi Arabia and others. The omission is a setback, as climate finance benefits U.S. jobs and exports and is key to meeting global climate targets.

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