![]() ![]() Biden proposed $555 billion for climate policies in his Build Back Better bill. Meanwhile, eye-popping price tags of bold climate solutions abound. “Climate action is much more affordable than climate inaction,” wrote Washington Rep. “The most unaffordable path forward is inaction,” said Robert Reich, former secretary of labor. “And every day we delay, the cost of inaction increases,” said President Joe Biden this week. ![]() ![]() “It’s been really remarkable how infrequently we talk about the costs of not solving the problem, which are almost incalculably large.”ĭemocrats have begun leaning into the “climate inaction costs more” idea, desperate to convey the message to voters. “We only talk about the costs of doing something about the problem,” Daniel Swain, a climate scientist at the University of California, Los Angeles, told BuzzFeed News. ![]() We’re talking hundreds of billions of dollars by the end of the decade. Not acting on climate change, climate experts warn, has a higher price tag. Fights over solutions to the climate crisis often boil down to one question: How much will a specific policy cost? But what’s left out of these conversations is the even higher financial toll of doing nothing. ![]()
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