Investors in fossil fuels — as in all pension funds — face big potential losses…
The world is meeting in Cancun this week to talk climate change. Is there any hope of a large-scale agreement on capping emissions around the world? Most pundits would say no. Why can’t we agree to do something? The answers are varied and all contain some truth.
The New York Times’ Ross Douthat relies on a set of arguments against the pursuit of a clean economy that have little basis in fact and mainly defend the untenable status quo. The overall pitch has two main parts: (a) promoting a clean economy through the use of market mechanisms like cap-and-trade is a perversion of free markets…(b) going green will cost jobs and hurt the economy. Let’s look at both ideas.
‘Is the World Better Off Because Your Company Is In It?’: Examining Corporate Climate Responsibility
