Eco-Capitalism

Eco-Capitalism
Author :
Publisher : Springer
Total Pages : 321
Release :
ISBN-10 : 9783319923574
ISBN-13 : 3319923579
Rating : 4/5 (579 Downloads)

Book Synopsis Eco-Capitalism by : Robert Guttmann

Download or read book Eco-Capitalism written by Robert Guttmann and published by Springer. This book was released on 2018-06-20 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our planet faces a systemic threat from climate change, which the world community of nations is ill-prepared to address, and this book argues that a new form of ecologically conscious capitalism is needed in order to tackle this serious and rising threat. While the Paris Climate Agreement of 2015 has finally implemented a global climate policy regime, its modest means belie its ambitious goals. Our institutional financial organizations are not equipped to deal with the problems that any credible commitment to a low-carbon economy will have to confront. We will have to go beyond cap-and-trade schemes and limited carbon taxes to cut greenhouse gas emissions substantially in due time. This book offers a way forward toward that goal, with a conceptual framework that brings environmental preservation back into our macro-economic growth and forecasting models. This framework obliges firms to consider other goals beyond shareholder value maximization, outlining the principal tenets of a climate-friendly finance and introducing a new type of money linked to climate mitigation and adaptation efforts.


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