White House: No choice but to act now on climate change

The Obama administration released a comprehensive new report Tuesday in an attempt to justify its controversial actions on climate change, and also will roll out new executive moves to reduce greenhouse-gas emissions.
The study shows the potential damages to the planet by delaying steps — such as harsh new limits on carbon emissions from power plants — to tackle global warming.
“First of all, we know way more than enough to justify acting today. Second, delaying action will increase the costs,” said Jason Furman, chairman of the White House’s Council of Economic Advisers, which produced the report. “And third … the large-scale risks associated with climate change are an argument for acting more today as a form of insurance against th