The new president had plans to spend upwards of $2 trillion dollars addressing climate change. To do that effectively, honestly and equitably is no small task. A recent proposal for a “National Investment Authority” may provide a pragmatic path forward.
The reading list:
The American Prospect's Big Idea section discusses public investment
- Today we are publishing Omarova’s article describing her proposal. Tomorrow we will publish four reactions, and Omarova will offer a brief final response on Thursday. This is another in the Prospect’s continuing series of Big Ideas—proposals that will not be enacted today or tomorrow, but that can set the agenda.
Because we recognize the necessity of personal accountability for our actions, because we accept responsibility for a building a durable future and because we believe it is our patriotic duty as citizens to speak out, we must insist the United States transform it’s energy sector, over the next decade, under a just and equitable plan, that uses regulations, investments and a price on carbon to safeguard our collective future.
Thanks for listening.