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The Real Climate Price Tag
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The Senate debates a global warming bill this week — and its backers say it’s made to save the planet.

It is huge legislation that would cap CO2 emissions and — to fight climate change — would radically reshape the US economy and energy use.

No one thinks it’s going to pass this year. But Barack Obama and John McCain both favor something like it. Action is coming.

Critics say it will cripple the American economy — put us on a par with Haiti and Somalia. Backers say we must do it, and it won’t break the bank.

This hour, On Point: Climate crunch time, and the urgent economics of saving the planet.

Guests:

Andrew Revkin, environment reporter for The New York Times, he writes the paper’s Dot Earth blog and is author of “The North Pole Was Here: Puzzles and Perils at the Top of the World.”

William Nordhaus, professor of economics, Yale University, member of the President’s Council of Economic Advisers in the Carter Administration and author of the new book “A Question of Balance: Weighing the Options on Global Warming Policies.”

Joseph Romm, senior fellow at the Center for American Progress and editor of climateprogress.org, he was a top official at the Department of Energy in the Clinton Administration. He is author of “Hell and High Water: Global Warming–The Solution and The Politics.”

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ONPOINT
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Jul 3, 2015
Demonstrators shout slogans during a rally organized by supporters of the YES vote for the upcoming referendum in front of the Greek Parliament in Athens, Tuesday, June 30, 2015 Greece's European creditors were assessing a last-minute proposal Athens made for a new two-year rescue deal, submitted just hours before the country's international bailout program expires and it loses access to billions of euros in funds. (AP)

Overtime pay. Diplomatic ties with Cuba. Greece defaults. Iran deadline missed. Chris Christie jumps in. Our weekly news roundtable goes behind the headlines.

Jul 3, 2015
Harmonica master Howard Levy, in a photo dated February 2012. (Courtesy the Artist)

Harmonica virtuoso Howard Levy tears it up with us. From Bach to the blues.

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Jul 3, 2015
Harmonica master Howard Levy, in a photo dated February 2012. (Courtesy the Artist)

Harmonica virtuoso Howard Levy tears it up with us. From Bach to the blues.

 
Jul 3, 2015
Demonstrators shout slogans during a rally organized by supporters of the YES vote for the upcoming referendum in front of the Greek Parliament in Athens, Tuesday, June 30, 2015 Greece's European creditors were assessing a last-minute proposal Athens made for a new two-year rescue deal, submitted just hours before the country's international bailout program expires and it loses access to billions of euros in funds. (AP)

Overtime pay. Diplomatic ties with Cuba. Greece defaults. Iran deadline missed. Chris Christie jumps in. Our weekly news roundtable goes behind the headlines.

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