Academic: Very few climate change doubters, issue now action
NICOSIA, Cyprus (AP) — A prominent American economist says there are "very few" individuals left who still doubt climate change because the evidence of its impact is clear.
NICOSIA, Cyprus (AP) — Getting rid of fossil fuels by mid-century and making the switch to large-scale renewable energy sources and nuclear power offers the best chance of meeting the climate change targets set out by the Paris accord, a prominent American economist said Friday.
Columbia University Professor Jeffrey Sachs said the world's ways of producing and using energy need to change "much faster, much more dramatically" than political leaders looking to tap hydrocarbon reserves understand.
Editor: Dr. Jeffrey Sachs, world-renowned economist, has said that the Republicans’ tax “reform” is one of the biggest rip-offs of the working class in American history, because: Lowering the corporate tax rate from 35 percent to 20 percent will not help the working class, but it will allow the corporations to increase their dividends. To make matters worse, the reductions for corporations are permanent, but those few for the working class are temporary. Lowering the individual rate for the very...
Tax plans flawed
Editor: Jeffrey Sachs, Ph.D., a world-renowned economist, said the Republican tax plans are among the biggest rip-offs of the working class in American history, because:
¦ Lowering the corporate tax rate from 35 percent to 20 percent will not help the working class, but will allow corporations to increase dividends. Businesses hire employees when the demand increases for their product or service, not when their taxes are lowered.