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SOLVING THE CLIMATE CRISIS

SOLVING THE CLIMATE CRISISThe Congressional Action Plan for a Clean Energy Economy and a Healthy, resilient , and Just AmericaMajority Sta~ ReportSELECT COMMITTEE ON THE CLIMATE CRISISMAJORITY STAFF REPORT116TH CONGRESSPREPARED BY MAJORITY COMMITTEE STAFF PURSUANT TO 2020 DEMOCRATIC MEMBERS OF THE SELECT COMMITTEERep. Kathy Castor (D-FL), ChairRep. Ben Ray Luj n (D-NM)Rep. Suzanne Bonamici (D-OR)Rep. Julia Brownley (D-CA)Rep. Jared Hu~man (D-CA)Rep. A. Donald McEachin (D-VA)RRep. Mike Levin (D-CA)Rep. Sean Casten (D-IL)Rep. Joe Neguse (D-CO) SOLVING THE CLIMATE CRISISThe Congressional Action Plan for a Clean Energy Economy and a Healthy, resilient , and Just America | Page i TABLE OF CONTENTS KEY ACRONYMS .. v KEY DEFINITIONS .. vii PREFACE .. 1 EXECUTIVE SUMMARY .. 2 BACKGROUND: THE SELECT COMMITTEE ON THE CLIMATE CRISIS ..17 THE CASE FOR CLIMATE ACTION ..19 THE CLIMATE CRISIS ACTION PLAN ..26 SET AN AMBITIOUS NATIONAL GOAL TO CUT CARBON POLLUTION ..29 INVEST IN INFRASTRUCTURE TO BUILD A JUST, EQUITABLE, AND resilient CLEAN ENERGY ECONOMY.

Enable and Accelerate Financing for Climate Change Mitigation and Climate-Resilient Infrastructure ..... 226 Expose Climate-Related Risks to Private Capital to Shift Assets Toward Climate-Smart Investments ..... 233 TRANSFORM U.S. INDUSTRY AND EXPAND DOMESTIC MANUFACTURING OF CLEAN ENERGY AND ZERO-

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climatecrisis.house.gov

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obamawhitehouse.archives.gov

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www.usaid.gov

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