The economic opportunity of net zero. View this in your browser and share with your friends. <[link removed]> <[link removed]>



Note: The Rundown will be on hiatus next week, but stay tuned for analysis and insights on the first 100 days of the Biden administration from Roosevelt President & CEO Felicia Wong.







Climate-Forward



At today’s virtual Earth Day conference <[link removed]>, President Biden pledged that the US would halve its greenhouse gas emissions by 2030, compared to 2005 levels—a decarbonization <[link removed]> trajectory that would get us to net zero before 2050.“The countries that take decisive action now to create the industries of the future will be the ones that reap the economic benefits of the clean energy boom that’s coming,” he said <[link removed]>. “I see an opportunity to create millions of good-paying, middle-class, union jobs.”



So does Roosevelt Chief Economist Joseph Stiglitz, who outlined the opportunities of green investment before <[link removed]> the US Senate Committee on the Budget last week.



“The investments themselves will create an enormous number of jobs, stimulating the economy and banishing to the past discussions of secular stagnation that have abounded for the past two decades,” he explained.



“The number of jobs that will be lost in the old fossil fuel industries are dwarfed by those that will be created in the new industries. The value created in the new industries will also dwarf the value of the stranded assets in the fossil fuel and related sectors.”



Read Stiglitz’s remarks <[link removed]>, and catch up on Roosevelt’s latest climate work with these three fact sheets:



- Climate-Forward: How Green Investment Can Stimulate Our Economy Today and Sustain Long-Term Growth <[link removed]>





- Fiscal Policy Is Climate Policy: How Curbing Corporate Power Can Address the Climate Crisis <[link removed]>





- Economic Recovery Begins at Home: How to Create 1 Million Clean Energy Jobs by Retrofitting US Housing Stock <[link removed]>











Join the Conversation



“A wealth tax is popular among voters on both sides of the aisle, and that's for a good reason: because they understand that the system is rigged,” Sen. Elizabeth Warren (D-MA) said in the opening remarks of this week’s Roosevelt webinar, Fair Share: How Wealth Tax and Progressive Taxation Can Create Equity <[link removed]>. “We need to make real investments in this country. That's how we build opportunities going forward for our children and for young people. It's how we narrow the racial wealth gap. And it's how we level the playing field.” For more from Warren, moderator Lindsay Owens <[link removed]>, and speakers Kitty Richards <[link removed]>, Darrick Hamilton <[link removed]>, and Amanda Fischer <[link removed]>, watch the webinar <[link removed]>.



And on Tuesday, April 27 at noon ET, join the launch event for Immigration Matters: Movements, Visions, and Strategies for a Progressive Future <[link removed]>, a book co-edited by Roosevelt Fellow Deepak Bhargava. 



Learn more and register <[link removed]>.



What We’re Reading <[link removed]>The Significance of the Derek Chauvin Verdict <[link removed]> - The New Yorker



What Is Environmental Racism? 10 Facts about How It Works <[link removed]> - Teen Vogue



Big Pharma, White Supremacy, and the Fight against COVID-19 <[link removed]> - Bloomberg Law



Campaign to Waive COVID Jab Patent Highlights $26bn Shareholder Payouts [feat. Roosevelt’s Joseph Stiglitz] <[link removed]> - The Guardian



Stock Buybacks Are Kicking Back into High Gear <[link removed]> - Axios











-=-=-

Roosevelt Institute - United States

This email was sent to [email protected]. To stop receiving emails: [link removed]

-=-=-



Created with NationBuilder - [link removed]