This was my third, final, and favorite piece that I wrote at CGI.
Earlier this week at the Clinton Global Initiative, UN climate chief Christiana Figueres offered her assessment of what was preventing progress in the international negotiations. Yesterday, a few high-profile American business leaders shared their perspectives. They offered a first-hand view of government shortcomings, the powers and limitations of private sector action, and the role US citizens have played in stymieing the global climate talks.
Free the market?
Regulations are important, but can sometimes get in the way. Moderator Mindy Lubber, the president of the sustainable investor network Ceres and a former regulator, defended environmental rules, in particular the one that now allows the EPA to restrict carbon emissions. “Given that the congress didn’t act [to reduce greenhouse gases], it is all the more important for the EPA to have that authority.” However, in the next breath she lamented the legal delays that have held up the permitting of Cape Wind, the controversial windfarm project off the scenic coast of Cape Cod. “It should not have taken ten and a half years,” Lubber said.
Government environmental policy is plagued by a lack of accountability and direction. Jeffrey Swartz, the CEO of sustainable footwear manufacturer Timberland, seized on the Cape Wind fiasco to illustrate the difference between how the public and private sectors operate. “If it took me ten and a half weeks to deliver against a promise I made, [the board of directors] would fire me. And I’m the majority shareholder of our company,” said Swartz, whose family has run Timberland for three generations. “The absence of leadership is the crisis” in climate protection, he continued.
Big business, small changes
So who should take the lead in reducing carbon emissions and preventing catastrophic climate change? Describing business and government as dancing partners with each waiting for the other to take the first step, the the UNFCCC’s Figueres suggested on Tuesday that it was time for business to make a move. Although Swartz used the same metaphor, he also gave a great illustration of why business can’t take the lead on an issue as big and complex as climate change.
Click here to read the rest of this UN Dispatch piece on the Huffington Post or to comment.
Photo credit: Clean Wal-Mart (via Flickr)