climate and the american economy

The 3rd National Climate Assessment (NCA) was released earlier this month, painting a frightening picture of the spiraling costs of climate disruption to America and highlighting the need to price carbon dioxide (CO2) emissions. While President Obama has pledged action and the electricity industry nervously awaits new EPA regulations for power plant emissions, the most appropriate action remains politically impossible: carbon taxes, cap and trade and carbon pricing are all consistently used as divisive issues to excite the conservative base of the GOP.