WashPost must-read: The Cost of Climate Inaction

In today’s Washington Post, economist Kristen Sheeran and Ceres’ Mindy Lubber, highlight a key point in the economic argument for a change from a fossil fuel dependent economy to an economy that runs on clean energy. They make a compelling case in The Cost of Climate Inaction that economic analyses of energy legislation must consider the costs of inaction:

The real cost of carbon emissions is far from zero. Each new scientific report brings proof of a changing climate that promises to disrupt agricultural patterns, set off a scramble for dwindling resources, raise sea levels, propel population shifts and require massive emergency spending as we try to react to the growing crises. These are the costs of inaction.”

The whole thing is a must-read, and worth passing on.