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Good early morning.
The climate crisis has actually been crowded out in current months by the health crisis, the recession and the racial justice crisis. (Too lots of crises.) But needless to say, it hasn’t disappeared. Fortune put together a group of members of its CEO Initiative the other day, led by Dow CEO Jim Fitterling and Nestle CEO Mark Schneider, to discuss techniques for dealing with the issue.
The discussion was held under Chatham House guidelines, so I can’t report specific remarks. What stood out to me about the discussion, however, is this: Until a lots years earlier, the climate modification conversation was everything about federal government policy. Indeed, in 2008, the U.S. had 2 governmental prospects–Barack Obama and John McCain– who both preferred a nationwide cap on carbon emissions. Business, a minimum of in the U.S., was then relatively brand-new to the discussion, having actually just just recently been arranged by leaders like GE CEO Jeff Immelt and Duke Power CEO Jim Rogers, under the auspices of USCAP. “If we are not at the table, we will be on the menu,” Rogers stated, offering the protective reasoning for business engagement.
In the other day’s conversation, nevertheless, federal government policy was hardly gone over. The CEOs focused their efforts on what …