EFI Founder Ernest J. Moniz and Andy Karsner, Managing Partner of Emerson Collective, teamed up to publish a commentary for CNBC on the way forward on climate change policy:
The Green New Deal has sparked a timely impassioned national conversation on the imperative of addressing climate-change risks to our economy, environment and security and the associated needs of disadvantaged communities.
The mission is clear: Action is urgently needed to set and follow high-impact pathways to a low-carbon future. We must, however, strive for a broader public consensus that respects local differences and allows all citizens equal opportunity to build a prosperous, fair, safe and secure low-carbon future.
We should first dispel any question about the gravity of addressing climate change. The accelerated pace of change is significantly stressing the world's natural, social and economic systems. We are already paying the price — extreme weather, forest fires, drought, sea-level rise and coastal storm intensity are all high-cost leading indicators.