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On Climate, Corporations Need to Grow a Soul

Can you imagine the big banks saying: “Hey, Obama! Break us up! We need regulation!” Of course not. That’s because corporations almost never take positions that threaten their short-term self-interest. Can you imagine a mainstream corporation leading the charge on, say, marriage equality twenty years ago? Nope. (Richard Socarides, a staffer in the Clinton White […]

The Power of C.E.O. Activism

Over the past few years, chief executives — including prominent figures like Lloyd Blankfein of Goldman Sachs and Howard Schultz of Starbucks — have been taking public stances on controversial issues like race relations and gender equality that are unrelated to their core businesses. It’s headline-grabbing stuff. But is it politically effective? Anecdotal evidence suggests […]

Climate Action After Paris: Not the Yellow Brick Road

“Follow the yellow brick road”. So Dorothy is told in the classic 1939 movie, The Wizard of Oz. Alas, if the world’s economies only had such a clear and singular path to follow subsequent to the recent promising Paris Climate Accord. While the accord has raised hopes that government leaders are serious about reversing climate […]

These are the Shortfalls of the Paris Climate Change Deal

The agreement is huge but there’s still a lot to do. This year has been a milestone year for commerce and climate agreements. Two of the biggest are the Trans Pacific Partnership (TPP), and the recently completed Paris Climate Compact. The TPP struck by the U.S. and 11 other Pacific nations defines commercial rules for […]

The Paris Climate Agreement: Deliverance or Disappointment?

The most common question I was asked in Paris: is the agreement a triumph, as the negotiators and heads of state declare, or another weak pronouncement that will do little to stave off climate catastrophe? The answer is both:  The Paris agreement represents real progress. It also falls significantly short.  If you are a ‘glass […]

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