Maryland’s New Emissions Plan Shows Climate Action Is Cost-Effective

World Resources Institute
Rebecca Gasper and Kevin Kennedy
07/26/2013
As impacts from climate change become more visible and costly, leaders across the nation are responding. In the wake of projections from the University of Maryland’s Center for Environmental Science showing that Maryland could face sea-level rise of more than six feet by the end of the century, Governor Martin O’Malley unveiled a state climate action plan this week. The initiative will reduce greenhouse gas emissions while also supporting job creation and economic growth. Sea-level rise will make Maryland–and other states on the Atlantic coast–increasingly vulnerable to costly and damaging floods, underscoring the urgency to significantly reduce greenhouse gas emissions that are warming our planet. The actions described in Governor’s plan aim to achieve a 25 percent reduction in greenhouse gas (GHG) emissions below 2006 levels by 2020. According to analysis conducted by Towson University for the state, the plan is expected to produce more than $1 billion in net economic benefits and support more than 37,000 jobs, providing yet more evidence that smart environmental policy is smart economic policy.