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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
TODAY
Dec 19, 2014
Alan Gross, waves as he and his wife Judy leave following his statement at his lawyer's office in Washington, Wednesday, Dec. 17, 2014. Gross was released from Cuba after 5 years in a Cuban prison. (AP)

Cuba reset. Russia’s rubble troubles. School massacre in Pakistan. Jeb explores 2016. Our weekly news roundtable goes behind the headlines.

Dec 19, 2014
Soledad, and from left, Nina Pastori, and Lila Downs perform on stage at the Latin Recording Academy Person of the Year Tribute honoring Joan Manuel Serrat at the Mandalay Bay Resort and Casino on Wednesday, Nov. 19, 2014, in Las Vegas. (AP)

From crossover hits to hip-hop to soul, we look at a big year in the wide world of Latin music.

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Dec 18, 2014
A poster for the movie "The Interview" is carried away by a worker after being pulled from a display case at a Carmike Cinemas movie theater, Wednesday, Dec. 17, 2014, in Atlanta. (AP)

A big Sony hack gets weirder and wider. And Hollywood and Homeland Security are on edge.

 
Dec 18, 2014
This handout photo from the Twitter account of Sen. Jeff Flake, R-Ariz. shows Alan Gross arriving at Andrews Air Force Base, Md., Wednesday, Dec. 17, 2014. The US and Cuba have agreed to re-establish diplomatic relations and open economic and travel ties, marking a historic shift in U.S. policy toward the communist island after a half-century of enmity dating back to the Cold War, American officials said Wednesday. (AP)

Following months of secret talks the US will restore full diplomatic relations with Cuba after more than fifty years.

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On Point Blog
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