Should regulators consider the impacts of climate change on people living outside their national borders, and on future generations, when putting a price on carbon?
While many fear that Donald Trump’s re-election to office in the United States will undermine efforts to combat climate change, there have been two major steps toward widespread carbon pricing where it is needed most since March.
There are growing calls for more corporate disclosure, but if firms release sustainability reports just to meet the needs of external stakeholders, including regulators, it is unlikely to motivate internal changes to business operations.