Importance of Natural Resources

Pete Buttigieg’s Climate Plan

PETE BUTTIGIEG: I think climate is a moral issue and this is about stewardship. It is about justice. Justice among people living on the Earth right now. DREW MAGRATTEN: During just six years as mayor of South Bend, Indiana, Pete Buttigieg declared a state of emergency, twice, for a 500- and 1000-year flood. BUTTIGIEG: This is not just happening on the Arctic
ice caps, this is happening in the middle of the country. And we have got to be dramatically more aggressive
moving forward. MAGRATTEN: Now as a presidential candidate, Mayor Pete is presenting himself as the face of a new generation fighting climate change. Like other democratic candidates, Buttigieg wants the U.S. reach net zero emissions, but he would push for market incentives rather than regulations. BUTTIGIEG: We need to make sure that everybody in
every different part of our economy understands that we need them to be a part of this. And that means an American people that
is motivated to be a part of this. This is too big, too important, too urgent,
and too serious to be an issue that people remain divided around. MAGRATTEN: Buttigieg wants to introduce a nationwide carbon tax on companies that pollute, encouraging them to reduce their emissions. Then Buttigieg would give any proceeds from the tax to American households. He would also invest in a nationwide insurance program to help communities most impacted by climate change Buttigieg proposes opening a clean energy bank to fund startups. He also wants to dedicate $200 billion to train fossil fuel workers in new skills. Buttigieg estimates these investments will create 3 million jobs. BUTTIGIEG: We need to make sure that workers in an industry whose relevance is going to change. See where they fit in the future. MAGRATTEN: Buttigieg wants Americans to be motivated to fight the climate crisis, not forced to. And he believes policies like his will get them there.

Reader Comments

  1. How does Pete promise to take care of climate change when he takes money from Wall Street.
    PG&E corporate abuse

  2. How does Pete promise to take care of climate change when he takes money from Wall Street.
    PG&E corporate abuse

  3. I notice the Indigenous Environmental Network has some reservation about using economic incentives without meaningful regulatory controls. "the most impactful and direct way to address the problem is to keep fossil fuels in the ground." We should weigh the concerns of indigenous peoples.

  4. Glad to see support for taxing fossil fuel companies (not the people) and returning the money to the people. BUT, where are the details? This plan should specify that all the money is returned in equal shares to everyone, with half shares to children. This will insure that the those in the lower 70% income bracket will be better off financially. The plan should start the tax low, at $15/ton of carbon emissions so as not to shock the economy, but then rise rapidly, at $10/ton every year as long as needed, which quickly creates incentives for renewable energy, innovation, new jobs, more efficient transportation etc. Economists agree that this is the best way to reduce emissions. We also need agricultural carbon sequestration, elimination of fossil fuel subsidies, and narrowly targeted regulation for cases where the carbon fee does not apply.

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