The CSR Newsletters are a freely-available resource generated as a dynamic complement to the textbook, Strategic Corporate Social Responsibility: Sustainable Value Creation.

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Friday, August 29, 2014

Strategic CSR - Carbon tax

Writing over the summer, Hank Paulson (yes, that Hank Paulson, George Bush's Treasury Secretary during the financial crisis) constructed one of the best arguments I have seen from the Republican Party in favor of action on climate change:
"The solution can be a fundamentally conservative one that will empower the marketplace to find the most efficient response. We can do this by putting a price on emissions of carbon dioxide — a carbon tax. Few in the United States now pay to emit this potent greenhouse gas into the atmosphere we all share. Putting a price on emissions will create incentives to develop new, cleaner energy technologies."
Of course, an intelligent argument on this issue from the right, does not mean many others on the right (or left, for that matter) will listen.
Have a good weekend.
David Chandler & Bill Werther
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The Coming Climate Crash
By Henry M. Paulson, Jr.
July 17, 2014
The New York Times
Late Edition – Final