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US Private Sector Begining to Act on Climate Change

| Monday June 6th, 2005 | 2 Comments

corp.jpgColumbia University Professor Jeffrey Sachs writes, in an article entitled “Thank Goodness for the American Corporation“, about the wake-up call many US companies have received about global warming. In it he reports on some of the positive changes that companies such as GE have recently made despite the lack of leadership in Washington. Notably, the often overlooked roll of pension funds is mentioned. As necessarily long-term investors, pension funds stand to lose in the long term if serious investment in the long term future is not made. Furthermore, as shareholders, pension funds are able to easily absorb short-term losses that sometimes result from proactive environmental steps, making them ideal change agents.


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  • http://sustainablog.blogspot.com/2005/06/us-private-sector-take-lead-on-climate.html sustainablog

    US Private Sector Take Lead on Climate Change

    Found a number of interesting articles that deal with the US government’s failure to take the lead on global warming, and how others are responding to this failure. TriplePundit points us to a brief article at the World Business Council for Sustainab…

  • http://radio.weblogs.com/0141565/2005/06/08.html#a1142 Environmental News Bits

    [Climate change] US Private Sector Take Lead on Climate Change

    Via sustainablog: Found a number of interesting articles that deal with the US government’s failure to take the lead on global warming, and how others are responding to this failure.