NPR: "The Future Cost of Climate Inaction? $2 Trillion a Year, Says the Government"

Senior Fellow Margaret Walls comments on the OMB's new climate analysis.

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Date

April 7, 2022

News Type

Media Highlight

Source

NPR

The analysis, while new, credits prior work by the National Oceanic and Atmospheric Administration (NOAA) and the Congressional Budget Office.

"It's kickstarting the government doing this," said Margaret Walls, Director of the Climate Risks and Impacts Program at Resources for the Future, a Washington research group. But, she continued, "it's imperfect."

Walls said she would like to see the government include the climate costs of safety net programs, such as unemployment insurance, in future versions.

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