Environmental Debt (7/8/13)

Climate One

Earth Sciences, Social Sciences, Science, News, News Commentary

4.7 • 583 Ratings

🗓️ 9 July 2013

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

There is a pattern between the way we do business and the changes in our climate. “The companies that are the biggest polluters make the biggest profits,” according to Amy Larkin, author of Environmental Debt: The Hidden Costs of a Changing Global Economy. Companies like McDonald’s and Coca-Cola are changing the rules to run a more socially conscious business. According to John Hofmeister, former President of Shell Oil USA, “social cost could be the game changer that warrants the way we look at future environmental debt.” Both Larkin and Hofmeister agree that the government must play a large role in changing the rules of business if we have any hope of solving the climate crisis. A conversation with a leading environmentalist and former oil executive on the costs of pollution and cleaning up capitalism. This program was recorded in front of a live audience at The Commonwealth Club of California on July 8, 2013. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I had that dream again. My small business needs IT help, but I don't use LinkedIn, and I hire
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0:22.9	so you can discover talent you otherwise would have missed.
0:25.5	Get 50% of your first job post at LinkedIn.com slash AI hire.
0:28.8	Terms and conditions apply.
0:30.2	How will we power our future?
0:32.2	Can we create a healthy and clean economy?
0:35.1	Climate 1 at the Commonwealth Club is at the forefront of the global debate about energy, economy, and the environment.
0:41.6	Bringing together the brightest and most provocative leaders of our time, Climate One is the place where big ideas get heard.
0:48.3	With thoughtful and insightful discussions on policy, business, science, and culture, Climate One founder Greg Dalton gets to the heart of the matter.
0:56.4	It's our future. It's time to come together.
0:59.4	Welcome to Climate One, a conversation about America's energy, economy, and environment.
1:03.4	To understand any of them, you have to understand them all. I'm Greg Dalton.
1:06.8	Today we're talking with an environmentalist and an oil industry veteran about the true cost of markets based on the premise of Grow Now, Clean Up Later.
1:14.6	That economic model fails to capture the positive benefits delivered by nature, such as clean air and water.
1:21.2	Corporate accounting systems also don't include the societal costs of production and consumption, such as floods and droughts made worse by your car and mine.
1:30.3	Over the next hour, we'll hear how companies including McDonald's, Puma, Walmart, Unilever, and others are changing the way they measure success and operate in competitive markets.
1:40.3	Along the way, we'll include questions from our live audience at the Commonwealth Club in San Francisco.
1:45.0	Here to discuss the greener shades of capitalism we're pleased to have with us two guests.
	...

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