Additionality: Offsets’ Achilles Heel

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Last week, I posted on LinkedIn a piece from dealing with forestry and carbon offsets, with comments of my own. I was stunned to see my short comment get more than 8,000 views in just a few days. If nothing else, it confirms today’s heightened interest in and skepticism of carbon offsets. It reminds me […]

Climate Risk Disclosure? Great Idea! But to What End?

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Global calls for better corporate “climate risk disclosure” have exploded over the last 12-24 months. The underlying hypothesis of much of the risk disclosure conversation is that if companies disclose climate risks to shareholders, financial markets will price those risks into share prices, stock markets will become more efficient, and financial stability will be safeguarded. […]

Stop Teaching Students to Equate GHG Emissions Reductions with Business Risk Management

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There is a fascinating business and climate change resource at Harvard Business School’s Digital Initiative website. In November 2016, Business School students faced an interesting assignment. Although few details are provided, they had to select a company whose business model was likely to be affected by climate change, describe that impact, and discuss what the company […]

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