Economics

U.S. Economic Performance

Treasury Secretary Jacob Lew speaks on the economic costs of climate change at a Hamilton Project forum, September 22, 2014. (photo by Ralph Alswang)

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Treasury Secretary Jacob Lew Details Economic Costs of Climate Change at Hamilton Project Forum

September 23, 2014, Fred Dews

"As an economic matter, the cost of inaction or delay is far greater than the cost of action" on climate change, said U.S. Treasury Secretary Jacob J. Lew in a forum hosted by The Hamilton Project yesterday. Secretary Lew was joined by former Treasury Secretary Robert E. Rubin, co-chair of the Council on Foreign Relations, and Michael Greenstone, The Milton Friedman Professor in Economics and Director of the Energy Policy Institute at the University of Chicago, to explore the economics of climate change, and the potential costs of inaction to reduce greenhouse gas emissions. Learn more here.

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