Mark Gongloff, Columnist

Corporate America Owes the Rest of Us $87 Trillion

Switching to renewables is expensive, but it will cost Americans much more to stick with fossil fuels.

Only the beginning.

Photographer: Kyle Grillot/Bloomberg

Lock
This article is for subscribers only.

Most climate-change deniers don’t even bother fighting the established science anymore: The planet is warming, human activity is the cause, and we can do something about it if we really try. Modern deniers will concede all that, but fire back that the “do something about it” part is too hard, too expensive to be worth trying. We have to be pragmatic, they’ll say, and keep burning fossil fuels to make life easier on people.

But we keep finding evidence that not doing something about it will be far more expensive and hard on people. Being truly pragmatic means leaving fossil fuels behind as quickly as possible.