Business leaders push back against Trump climate policy
To the editor:
Donald Trump’s reckless climate denial policies are bad for business, according to a number of high-level U.S. business executives, including the president of General Electric. Even Exxon-Mobile, a company accused of covering up the link between fossil fuel use and climate change, has publicly called for the Trump administration to recommit America to the Paris Climate Accord.
Why? Because climate change is bad for business. Anticipated impacts include skyrocketing food costs from reduced crop yields, huge tax increases to cover increasingly severe property damage from extreme weather, interruptions of manufacturing supplies, instability of financial markets, climate-driven global political instability, and even the risk of a worldwide depression sparked by the strain climate change is creating for China’s economy.
Business leaders get it
Unlike our science-denying president, whose policies are driven by extreme anti-government ideology, American business leaders have their feet on the ground. They understand that, in the long haul, ignoring the threat of climate change will end up costing America and Americans far more than implementing public policy to address it.
Or, as our grandmothers used to put it, “an ounce of prevention is worth a pound of cure.”
Most important is that responding to climate change now will have enormous benefits for the U.S. economy in general and for Iowans in particular.
By investing in renewable energy manufacturing and infrastructure, we can create many times more jobs than those seen in the dying fossil fuels industry.
Rather than letting the rest of the world seize this opportunity, we need to take our traditional global role as innovators and leaders and reap our share of the tremendous economic rewards.
– Jonas Magram, Fairfield