The Pak Banker

Climate crisis: 4 reasons for hope in 2023

-

As we enter another year of a climate crisis, there is reason for both worry and hope.

Looking back, 2022 leaves no doubt that the climate crisis is accelerati­ng: We experience­d worsening cases of extreme summer heat, winter cold, droughts, wildfires, intense rainfall, floods, hurricanes and coastal destructio­n underpinne­d by sea-level rise.

Human-caused climate change is creating major humanitari­an, water and biodiversi­ty crises. But despite these harbingers of doom, I remain hopeful: The past year highlighte­d reasons for optimism that we will tackle the climate crisis before it's too late. Here are four big reasons for hope in the coming year.

1) The reality of climate change is sinking in: More than ever, people in the United States and globally are listening to science and taking action to stop climate change. Public opinion research highlights that fewer than 10 percent of Americans are dismissive of climate change, and that majorities in all states think global warming will harm future generation­s, support regulating CO2 as a pollutant and think corporatio­ns should do more to address global warming.

This engagement has grown particular­ly among young Americans (ages 18-34). And globally, young people are demanding action on climate change and having real impact. Their voices are carrying increasing weight: For the first time, UN climate policy negotiatio­ns officially recognize young people as stakeholde­rs.

2) Climate action across the U.S. is now very real: States, cities, corporatio­ns and universiti­es are leading the way in showing how the transition to a clean energy future can happen.

For example, in Michigan, the state-level government is committed to carbon neutrality as a member of the United States Climate Alliance (24 states with 58 percent of the national economy and 54 per- cent of the population). Many cities in Michigan, including Ann Arbor, are taking real steps toward carbon neutrality, just as the corporatio­ns in the state (e.g., the top five: Ford, General Motors, Lear, Whirlpool and Meijer) are working to rapidly reduce their carbon emissions.

From my vantage point at a large public university, I know

Jonathan Overpeck firsthand how activism and energy of students, with support from faculty and other university communitie­s, has galvanized our institutio­n to make real commitment­s and progress toward carbon neutrality. But our work in this area goes far beyond our own emissions. Universiti­es, and schools like my own, are preparing the next generation to lead the transition to a more just and sustainabl­e future.

My university, the University of Michigan, provides a great example. We offer hundreds of courses, dozens of traditiona­l and profession­al graduate programs, and many graduate certificat­es related to climate, environmen­t, sustainabi­lity, social justice and engineerin­g solutions. The university's commitment to research will speed the global transition to clean energy, electrifie­d mobility, sustainabi­lity and more. We partner with community organizati­ons, government­al partners, and other stakeholde­rs to move the needle in society. We are committed to complete carbon neutrality across all our campuses.

And we are not alone: UM plays a lead role in the University Climate Change Coalition (UC3), a group of leading research universiti­es committed to accelerati­ng climate action. We are a founding member of the Midwest Climate Collaborat­ive, which includes universiti­es, NGOs, state and local government­s, as well as corporatio­ns, committed to working together to reduce carbon emissions. We are all in, as are hundreds of other universiti­es and colleges, whose graduates will become the leaders of the 21st century.

3) The multiple economic benefits of clean energy are becoming too obvious to ignore: The costs associated with renewable energy continue to plummet and are already becoming cheaper than fossil fuels almost everywhere, even before taking into the account the increasing costs of climate change. Moving quickly into clean energy will not only stave off climate disasters but will enable us to thrive economical­ly. The United States is not alone in this effort: European countries, China, India, Australia and many more are working to accelerate the global clean energy transition.

Accelerati­ng the clean-energy transition, as well as developing all the knowledge and technology involved, is essential if our states and nation are going to compete economical­ly in a world that is going carbon-neutral.

Fortunatel­y, across the country, state and local climate action is being supercharg­ed by the biggest federal investment­s in clean energy ever made: the Infrastruc­ture Investment and Jobs Act of 2021 and the Inflation Reduction Act of 2022.

‘‘Accelerati­ng the cleanenerg­y transition, as well as developing all the knowledge and technology involved, is essential if our states and nation are going to compete economical­ly in a world that is going carbon-neutral.”

 ?? ??

Newspapers in English

Newspapers from Pakistan