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In 2019, carbon dioxide emissions from human activity totaled around 33 gigatons. That’s 33 billion tons of CO2 in a single year and cumulative emissions from the industrial age are almost 1,000 gigatons. One result: Last year, NOAA concluded that atmospheric CO2 levels were their highest in at least the last 800,000 years.
For most New Mexicans, the changing climate has long been obvious. This is equally apparent around the country and world. Recent California wildfires forced electricity system blackouts across the state. Sea level rise in the Gulf of Mexico could put half of the region’s power substations under water.
Farther afield, melting glaciers in the Andes threaten electricity supplies for countries that are heavily dependent on hydropower. Last May, Baghdad’s temperature hit a record-shattering 125 degrees. UNICEF reports that nine Southern African countries are experiencin
Securing Our Economic Future: Policies to Strengthen the Middle Class and Address Climate Change
Two pressing economic challenges facing the next administration are building a robust and prosperous middle class especially after the COVID-19 pandemic and mitigating the economic costs of climate change. Join us for a discussion about policy priorities to address these challenges and promote a stronger 21st century economy.
2:00pm – Welcoming Remarks
2:05pm – The Economics of the Middle Class: New Evidence and Implications for Policy
There is widespread concern about the economic health of the American middle class and a great deal of attention is paid to policies that aim to bolster the economic security of middle class households. But assessing the economic wellbeing of the American middle class is a complicated empirical task that requires understanding the full impacts of labor market trends, tax and transfer policy, consumer spending and prices, and the volatility of income