As citizens of New Jersey, we shoulder the financial and environmental burdens caused by the unprecedented damage from climate change. One significant cause of carbon dioxide emissions and subsequent climate change is the extensive use of fossil fuels. Hence, holding fossil fuel companies accountable for their contribution to global climate change not only aligns with our moral obligations but also makes sound financial sense for the people of New Jersey.
1. New Jersey citizens are facing financial and environmental burdens due to the damage caused by climate change.
2. A major cause of carbon dioxide emissions and climate change is the extensive use of fossil fuels.
3. Holding fossil fuel companies accountable for their contribution to climate change aligns with moral obligations and is financially beneficial.
4. When fossil fuel companies are held accountable, there's potential for growth of eco-friendly industries and creation of more jobs.
5. The costs of environmental damage caused by these companies - including impact on health and infrastructure - are currently being borne by the public, therefore holding these companies accountable would save millions or even billions of dollars.
In 2019, New Jersey's total energy-related carbon dioxide emissions were approximately 101.48 million metric tons.
The financial aspect of this matter cannot be understated. When fossil fuel companies are held accountable, it creates a more level playing field in the economic market. This in turn can lead to the growth of eco-friendly industries which have the potential to create more jobs, thus boosting the economy. Additionally, the consequences of environmental damage caused by these companies can lead to health, infrastructure, and other costs that are borne by the public. Therefore, the accountability of these companies is not only a moral necessity but also a financial one, resolving which can save the people of New Jersey millions, if not billions of dollars.