Though inaction against climate change may seem the best option to buoy short-term growth, the US economy shows the inevitable failure of this approach.

It was nearly 25 years ago that US treasury secretary Janet Yellen began working on climate change while advising then president Bill Clinton before the 1997 Kyoto Conference of Parties. She said that climate change should be a national priority and inaction would be costly. American policymakers failed to heed her call to action...

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