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3. Climate Action Should Invest in America’s Future
Federal climate action requires Congressional support for innovations in technology,
policy, and finance to accelerate the clean energy transition and bring down costs of
economy-wide decarbonization.
These investments should encourage energy efficiency; research, development, and
demonstration in clean energy technologies including carbon capture, utilization, and
storage; increased electrification across all sectors of the economy; deployment of cleaner
transportation options as well as clean and renewable electricity resources supported by a
modernized, smart, and flexible electric grid; carbon dioxide removal technologies; and
natural climate solutions including improved management of forests, soil, and land use.
Investments in public lands, watersheds, and oceans can support additional economic
opportunities while sequestering significant amounts of greenhouse gas emissions and
creating more resilient communities and ecosystems. The federal government must dedicate
the resources necessary to make a sustained commitment toward achieving ambitious
mitigation goals.
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4. Climate Action Should Deliver a Just & Equitable Transition
Confronting the climate crisis offers an opportunity to address historic environmental
injustices and create pathways of opportunity for all Americans.
Low-income communities, communities of color, and indigenous peoples are already
suffering disproportionate harm from climate change. Federal climate policy should respond
to that hardship by investing in opportunities and support for communities in high-pollution
and climate-exposed areas, as well as working to reduce dangerous co-pollutants that can
significantly impact public health. Federal climate policies should encourage community-
based solutions by seeking public engagement and participation with vulnerable and
disadvantaged groups.
Federal policies should also direct investments in deindustrialized and rural communities to
help spur economic development and diversification. To the extent that economic changes
displace workers and erode community-supporting revenue streams, especially in
communities and regions historically dependent on traditional energy industries, the federal
government should provide transition assistance in the form of guaranteed pensions and
benefits, education and job retraining, relocation benefits, community reinvestment, and
support for other new opportunities to share in the benefits of the growing clean energy
economy.
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