An Economic Case For Governments To Make Sustainable Capital Investments
- Jul 7, 2018 9:19 pm GMT
It’s hard to miss headlines about the perils of investing without considering climate change. From HSBC to the G20, institutional investors are concerned about inherent risks from failing to consider what happens when climate reality meets economic reality – but what about governments?
Several states have implemented carbon pricing and the federal government set a social cost of carbon, but state governments looking to make sustainable infrastructure investments with dwindling budgets haven’t had a way to calculate how today’s purchases will fare decades down the road – until now.
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