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Cutting these 30% of emissions could provide health benefits of up to $ 68 billion a year

Big number: A Research in 2020 found that a 30% reduction in carbon dioxide emissions would result in $ 21 billion to $ 68 billion in annual health benefits from cleaner air.

What happened: Climate change-related healthcare risks were among the prominent dollar figures put before lawmakers during separate hearings on Thursday, especially when some Legislature seeks to “build back the better”, which means taking into account climate change, from the COVID-19 pandemic.

The Senate Budget Committee to hear from experts testifying about the costs of continuing to delay climate action – inaction could eventually cost US $ 34.5 trillion in economic activity by the end of the century and causing up to 295,000 avoidable deaths by 2030 and one million by 2050, said Vermont President Bernie Sanders, independent of Vermont.

Home Selection Committee for Climate Crisis hold your own hearing on the subject of Thursday.

The Natural Resources Defense Council researchers estimated during a 2019 peer review learn that only a subset of climate-sensitive events in the US per year (including heat waves, wildfires, air pollution and allergen pollen, West River virus disease outbreaks) Nile and Lyme disease, and Hurricane Sandy) have caused 10 billion dollars in health-related costs.

Its Meaning: “The Capitol Hill hearing [Thursday] is a signal that our elected leaders are seriously taking overdue climate actions and weigh in on some proposals from the Biden-Harris administration on how to reduce climate pollution. ”Writes Dr. Vijay Limaye, a scientist from the NRDC climate and health group and a former EPA employee, in a blog post before hearings.

“In addition to billions of dollars in damages to homes and businesses, agricultural crops and critical infrastructure such as bridges and roads each year, the climate crisis is poised to cause even greater damage to health. people all over the country and all over the world…, ”said Limaye.

The Biden administration next week will convene a multinational climate summit. Prediction that Biden will commit a 50% reduction in emissions by 2030 is growing, given skepticism that such a goal can be achieved with the announced framework. Accordingly, Biden is preparing to guide federal agencies with executive orders to combat climate-related financial risks for the government and the economy, a stance that could impose new regulations. for businesses, Politico reported, to quote a draft document.

Conference are weighing their own remedies for the global warming crisisThis includes a combination of approaches that advocate for everything from renewable energy to carbon capture, carbon pricing or taxing it and advances in natural gas.
+ 1.80%

and nuclear energy.

Read: Biden addressed Congress for the first time on April 28

More information from MarketWatch:

Big number: Biden’s infrastructure plan calls for big money to care for the elderly

Big number: America is really broken: Here’s the number of engineers saying how much it will cost to fix it



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