For businesses, not taking action to cut carbon pollution and address climate change is a business risk that can have serious results. According to "Risky Business," the groundbreaking new report by E2 co-chairs Michael Bloomberg, Henry Paulson, and Tom Steyer, sea-level rise and coastal storms could sap $35 billion out of our economy every year.
Our federal government was designed as a republic. Within this system, and over time, elections were to have consequences and enlightened public opinion was to govern. Extra-constitutional appendages like the filibuster, abused by minority parties, have moved us away from that vision. Instead, our government is in perpetual gridlock, and the American people have lost faith in their government to even function properly. Even after this rules change, one of our parties must still win the House, the Senate, and the presidency before radically changing our country. That's no small feat. It will often require victories over the course of several elections. That's probably as it should be. Change ought to be possible, but only when one of our parties really earns it. The filibuster gave a small minority in the Senate outsized power to stifle the will of the people.