Sustainability – Page 2 – Vanderbilt Business Review

Nov

02

2020

4 Steps to Beat Climate Change

All Posts, Sustainability

By: Rohan Upadhyay How to leverage the economy to fight climate change How do we beat climate change in a cost-efficient way? Addressing climate change is ethically correct. But people are concerned that jobs could be lost and the debt could grow from throwing lots of resources at the problem. What’s the answer? Liberals support the Green New Deal — a bold proposal to fight climate change and rebuild US infrastructure (among other things) with $16.3 trillion of government investment over about 10 to 15-years. The proposal means well and has some points about how it will pay for itself.…

The Sucky Word “Performative”

All Posts, Sustainability

Blackstone has recently made a commitment to cut emissions by 15% on investments within the first 3 years of its purchase. For those who are not familiar with Blackstone, it is an investment firm and is one of the largest owners of real estate anywhere on the planet. Blackstone plans to hold itself accountable, by closely charting its process going forward. While this is a big step for a big firm to take, it's certainly been a trend in the investment industry. Organizations such as UBS, Credit Suisse, and Morgan Stanley all have made their own large commitments to having…

Emissions Bounce Back as Economies Reopen

All Posts, SustainabilityCOVID-19

As people around the world faced forced confinements caused by the COVID-19 pandemic, global greenhouse gas emissions fell as a result. A study led by climate scientist Corinne Le Quéré of the University of East Anglia published in the journal Nature estimated that emissions fell by 8% compared with 2019 levels. That drop brought emissions in line with their 2006 level. The researchers estimated that total 2020 emissions would fall by between 4 and 7% compared to last year. However, with communities reopening around the world, carbon emissions have begun to return, ticking back up to just 5% below 2019…