Senate Democrats Report, Case for Climate Action

In August 2020, Senate Democrats on Tuesday released a report laying out policy recommendations Congress should adopt in order to bring the U.S. to a net-zero carbon economy by 2050.

The report, released by the Senate Democrats’ Special Committee on the Climate Crisis,calls on Congress to spend at least 2% of annual U.S. GDP on climate actions, with 40% of those investment benefits going toward communities of color or underprivileged communities, and require federal financial regulators to ensure publicly-traded companies disclose climate risks, among other measures. It also leaves the door open for a number of zero-carbon technologies, including nuclear and carbon capture.