Page 46 - பல்கலைக்கழகம் ஆஃப் கலிஃபோர்னியா டேவிஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In uneven economic recovery, climate action risks leaving some behind Illustration: Aïda Amer/Axios A year ago, almost all of us were grappling with the unknowns of the pandemic. Today, some of us are doing just fine, while others are still reeling. Why it matters: This split-screen economy, called a K-shaped recovery, highlights the risk facing politicians, including President Biden, as they rally around bold climate action. If new climate laws aren’t inclusive of those less well off in America and around the world, they risk exacerbating inequality. The big picture: In a K-shaped recovery, the arm of the K represents higher income people who can work from home and shield themselves from the pandemic’s health and economic harm relatively easily. In fact, the wealth of those on the K’s arm has been growing over the past year as the stock market grew.

United statesCapitol hillDistrict of columbiaWhite houseCarlos martKevin rennertScott hardmanUniversity of california davisClean energyRhodium groupInstitute of transportationPresident bidenTransportation studiesResources for the futureClimate change policyJoe biden