ESG Investing with Terrence Keeley
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The 1.6 Solution to the Carbon Clock
Joseph Stiglitz: We live in an era of extraordinary abundance. The stunning realization that I came to as I was finishing my book is actually how easy it would be for humanity. Business and finance cannot create a wonderful green world on its own if consumers are pursuing consumption patterns that are aligned with that, or if public policies don't support those same outcomes. He says the 1.6 solution basically says capital owners will need to devote about 1.6% of investment to these ends.
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