Sunday, 28 March 2021

Kerry: 'No government is going to solve' climate change

quote [ U.S. climate envoy John Kerry on Tuesday said he believed the private sector was more likely to find solutions to climate change than government. ]

It's all downhill from here, folks.
[SFW] [environment & nature] [+3 WTF]
[by steele]
<-- Entry / Comment History

Hugh E. said @ 12:05pm GMT on 28th March
Can Capitalism Save Us From Capitalism?

This is a good, insightful listen. But to sum it up (per the show):

Three Takeaways:

  • [Harvard economist Rebecca] Henderson attributes the corporate world’s sluggishness in embracing green regulations to fears about hurting their bottom line. Even if CEOs acknowledge that “climate change might be a big issue,” concerns about not hitting quarterly earnings targets supersede it. Henderson also points to a fear of going it alone: why invest time and money into decarbonizing if “my competitors are not?”

  • When it comes to saving the world, Henderson thinks “a huge political and social and cultural movement” is required. However, she believes businesses can have a positive impact by joining together to tackle problems and catalyze change in different industries. Henderson points to Walmart lobbying for a $15 federal minimum wage (the franchise raised its own wages and wanted others to do the same) as an example of when business interests and the common good can come together.

  • Employees are increasingly pushing their employers to align themselves with social and environmental causes. Where you work is where “your identity is bound up,” says Henderson. Accordingly, employees who care about these issues seek out places that share their concerns, and CEOs and companies are being pushed to adapt in order to hire or retain talent.

    While Kerry's calcified neo-liberalism is surely disappointing (though not surprising), there are many minds and avenues at work.

    Hugh E. said @ 12:08pm GMT on 28th March
    Can Capitalism Save Us From Capitalism?

    This is a good, insightful listen. But to sum it up (per the show):

    Three Takeaways:

    1. [Harvard economist Rebecca] Henderson attributes the corporate world’s sluggishness in embracing green regulations to fears about hurting their bottom line. Even if CEOs acknowledge that “climate change might be a big issue,” concerns about not hitting quarterly earnings targets supersede it. Henderson also points to a fear of going it alone: why invest time and money into decarbonizing if “my competitors are not?”

    2. When it comes to saving the world, Henderson thinks “a huge political and social and cultural movement” is required. However, she believes businesses can have a positive impact by joining together to tackle problems and catalyze change in different industries. Henderson points to Walmart lobbying for a $15 federal minimum wage (the franchise raised its own wages and wanted others to do the same) as an example of when business interests and the common good can come together.

    3. Employees are increasingly pushing their employers to align themselves with social and environmental causes. Where you work is where “your identity is bound up,” says Henderson. Accordingly, employees who care about these issues seek out places that share their concerns, and CEOs and companies are being pushed to adapt in order to hire or retain talent.

    While Kerry's calcified neo-liberalism is surely disappointing (though not surprising), there are many minds and avenues at work.



    <-- Entry / Current Comment
    Hugh E. said @ 12:05pm GMT on 28th March
    Can Capitalism Save Us From Capitalism?

    This is a good, insightful listen. But to sum it up (per the show):

    Three Takeaways:

    1. [Harvard economist Rebecca] Henderson attributes the corporate world’s sluggishness in embracing green regulations to fears about hurting their bottom line. Even if CEOs acknowledge that “climate change might be a big issue,” concerns about not hitting quarterly earnings targets supersede it. Henderson also points to a fear of going it alone: why invest time and money into decarbonizing if “my competitors are not?”

    2. When it comes to saving the world, Henderson thinks “a huge political and social and cultural movement” is required. However, she believes businesses can have a positive impact by joining together to tackle problems and catalyze change in different industries. Henderson points to Walmart lobbying for a $15 federal minimum wage (the franchise raised its own wages and wanted others to do the same) as an example of when business interests and the common good can come together.

    3. Employees are increasingly pushing their employers to align themselves with social and environmental causes. Where you work is where “your identity is bound up,” says Henderson. Accordingly, employees who care about these issues seek out places that share their concerns, and CEOs and companies are being pushed to adapt in order to hire or retain talent.

    While Kerry's calcified neo-liberalism is surely disappointing (though not surprising), there are many minds and avenues at work.




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