Listen: California, John Bristow, Terry Tamminen discussed on KCBS Radio Weekend News
"Seven forty KCBS. KCBS news time seven twenty has. Our Newswatch continues. Well, a major report on climate change written by multiple federal agencies and released Friday by the White House warns of dire consequences. Consequences, which are already upon us that includes wildfires and other natural disasters and major blows to public health and infrastructure, but also the economy for more on that side of the report KCBS anchor. John Bristow spoke with Terry Tamminen. Former secretary of the California EPA now CEO of the Leonardo DiCaprio foundation and president of seventh generation advisors an environmental nonprofit, how is the connection made between the climate change issue and the economy. Well, the first thing to note is that a lot of these predictions were made decades ago and they're coming true faster than we thought. So the more frequent and intense heat waves droughts fires the storms and floods result in property damage electricity, blackouts health costs and even crop losses. Okay. So the report says we could see a loss in our gross domestic product of ten percent by the year twenty one hundred can you put that into context for us? Well, absolutely. I mean, first of all we're already seeing things. So obviously the fires and the report talks about in California alone. The fires and the acreage burn could double by twenty fifty. That's not that far off. And we all know, the death and destruction that these wildfires have caused throughout the state farmers have already lost over a billion dollars in crop value in the year of two thousand ten which the study was focused on just the dairy industry alone. Lost one point two billion dollars during that year because of heat stress and farmers because of droughts and flooding are by the end of the century will have twenty five percent less corn and soybeans which are obviously staple crops economically as well. As just for food supply case of the zillion dollar question. What do we do? What should we be doing? Well, you know when we met with Trump right after he was elected and try to. Educate him on what California had done. The answer is follow California. You know, we'd weather the recession better than most states in part because of having our solar rooftops program, which will hit a million solar roofs this month, something that we put into place in the Schwarzenegger administration in two thousand six energy efficiency measures create a lot of jobs and pay for themselves things like replacing old street lights and cities. Let's save sixty percent of the energy, of course, reduce pollution and California has benefited from a massive biofuels industry and a huge growth in electric cars and buses. So so it really is an economic opportunity to do the things that tackle climate change for the environment. But also for the economy now, I know you're more of an environmentalist Terry than you are in economic advisor. But I guess we look at the economic impact alternately by twenty one hundred question that comes to mind is well, what we'd be doing as investors? Any thoughts on those? When I was EPA secretary one of the things I had to do when I was passing regulation was to confirm that the measure as we were proposing, we're economically feasible. So you have to be a little bit of an economist in these things. And so, you know, look, there's going to be a lot of money spent on infrastructure, so companies that build bridges and and pumping stations of talking about hundreds of billions of dollars for raising roads and dealing with coastal infrastructure preparation at hardening of coastlines, and so forth hate to say it, but the health industry is actually going to be a growth industry because the impacts from climate change on health. We're talking about southlands of premature deaths and things like mosquito and tick borne diseases asthma will be on the rise. So we're going to need much more healthcare in this country and the good stuff like investing in solar and other renewable energy that's going to be an even greater demand worldwide. That was Terry Tamminen smoking speaking with our own John Bristow, he was once the EPA the secretary of California for the EPA.."