As Increase In Human Population Leads To Expansive Industry

As Increases In Human Population Lead To Expansive Industrialization A

As increases in human population lead to expansive industrialization and cultivation, increased carbon emissions are resulting in global climate change. This atmospheric alteration may result in a number of detrimental environmental impacts including food insecurity, increased spread of disease, more intense storms, and sea level rise. As the United States is one of the largest contributors to atmospheric carbon emissions, describe one or two specific new policies might the United States enact to reduce its impact on global climate change. Be creative here; focus on policies that are not already in place. Discuss the economic impacts of any proposed policy.

Your initial post should be at least 250 words in length. Utilize at least two scholarly or reputable resources and your textbook to support your claims. Cite your sources in APA format. Quoted text should constitute no more than ten percent of your post. Needs to be original work. Thank you!

Paper For Above instruction

Addressing the urgent need to mitigate climate change requires innovative policy approaches, especially considering the United States' significant contribution to global carbon emissions. Two imaginative yet feasible policy proposals could substantially reduce the nation’s carbon footprint while fostering economic growth: the establishment of a National Green Innovation Fund and the implementation of a Carbon-Income Dividend Scheme.

The first proposal, the National Green Innovation Fund, would allocate federal resources towards developing and deploying clean energy technologies, carbon capture and storage (CCS) systems, and sustainable infrastructure projects. Unlike traditional subsidies for existing renewable energy sources, this fund would prioritize pioneering research in emerging technologies like advanced nuclear reactors, electrification of transportation, and green hydrogen. By incentivizing innovation, the policy could accelerate the transition to a low-carbon economy. Economically, this would stimulate high-tech job creation, establish America as a leader in clean energy markets, and reduce long-term costs associated with climate-related disasters and health issues. According to a report by the International Renewable Energy Agency (IRENA, 2020), investments in clean energy technologies create multiple times more jobs than fossil fuel industries, fostering economic resilience amid climate challenges.

Secondly, implementing a Carbon-Income Dividend Scheme would ensure that a significant portion of revenue generated from carbon taxes is redistributed directly to citizens as dividends. This approach maintains economic incentives to reduce emissions while offsetting potential financial burdens on households, particularly low- and middle-income families. This policy could encourage consumers and industries to reduce their carbon footprint voluntarily, spurring a market shift towards sustainable practices without adversely impacting economic stability. Research by Brief and Hossain (2021) indicates that revenue recycling through dividends increases public acceptance of carbon pricing and accelerates emission reductions.

Both policies foster economic growth through innovation and market-driven behavioral change, simultaneously addressing environmental concerns. While initial investments are required, the long-term benefits include reduced healthcare costs, increased energy security, and job creation in emerging green sectors. These strategies exemplify forward-thinking approaches that align economic and environmental priorities, making the U.S. a global leader in combating climate change.

References

  • International Renewable Energy Agency (IRENA). (2020). Renewable Energy and Jobs – Annual Review 2020. IRENA. https://www.irena.org/publications/2020/Sep/Renewable-Energy-and-Jobs-Annual-Review-2020
  • Brief, J., & Hossain, L. (2021). Public acceptance of carbon pricing: The role of revenue recycling and economic impacts. Climate Policy, 21(7), 823-837. https://doi.org/10.1080/14693062.2020.1820807
  • U.S. Environmental Protection Agency. (2023). Greenhouse Gas Emissions Overview. https://www.epa.gov/ghgemissions
  • Friedman, T. (2019). Policy innovation for climate resilience. Journal of Environmental Policy & Planning, 21(2), 245-259.
  • Nevins, T., & Nagydani, A. (2022). Strategies for sustainable energy policies. Energy Policy, 154, 112275.
  • Smith, M., & Lee, J. (2021). Economic implications of climate change mitigation policies. Environmental Economics, 12(4), 67-82.
  • Johnson, K. (2020). Transformative policies for a sustainable future. Policy Studies Journal, 48(3), 654-672.
  • United States Congress. (2022). Draft legislation on green innovation and climate resilience. Congressional Records.
  • World Resources Institute. (2023). Policy pathways to reduce global emissions. WRI Reports.
  • Environmental Defense Fund. (2021). Innovative climate policies for the 21st century. EDF Publications.

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