WASHINGTON -– One year after President Barack Obama rolled out his climate change action plan, the administration is putting fresh emphasis on its environmental agenda.
The White House plans to host two roundtable discussions this week on the economic threats that climate change poses and the “opportunities to overcome those risks,” a White House official said in an email Monday night, which emphasized the potential costs of not addressing planet-warming emissions.
Treasury Secretary Jack Lew and White House leaders also plan to meet with billionaire climate activist Tom Steyer and former Treasury Secretary Hank Paulson on Wednesday to discuss a report they will release this week titled, “Risky Business,” which assess the economic costs of climate change. Steyer and Paulson are the co-chairs for the report.
Steyer, a former hedge fund manager turned environmental activist, has pledged to spend $100 million backing political candidates who support action on climate change through his political group, NextGen Climate Action. He has focused much of his political work on opposing the Keystone XL pipeline, which the Obama administration is considering for possible approval.