At the behest of the American Petroleum Institute, the Environmental Protection Agency is proposing to eliminate nationwide limits on methane pollution, sending America’s natural gas industry backwards to the days of uncontrolled emissions. This dangerous proposal threatens the climate, the communities living near oil and gas development and the increasingly vulnerable status of American natural gas in a transition to a net-zero carbon emission economy.
Any business depends on four fundamentals to operate successfully: demand from customers, acceptance from society at large, financial capital to invest and talent to do the work. America’s natural gas industry is no different.
Eliminating methane standards would increase risk to each part of this foundation, making this proposed rollback a prime opportunity for risk-conscious executives and investors to speak out this fall. Read more
Comparing the themes of Climate Week 2016 versus 2017 provides a telling picture of the state of climate affairs. “America Means Business: US Leadership in a post-Paris World” was last year’s focus, while this year is all about three words: “Innovation. Jobs. Prosperity.”
It has been a remarkable year for climate action – in the absence of federal oversight and leadership, we’ve seen a major shift towards city, state and business leaders becoming the standard-bearers for the environment and the economy. With the release of Fortune’s Change the World list, it is obvious that the bar for corporate leadership has been raised even further. Companies that previously stayed mute on environmental and social issues now speak out; not as an anomaly but as a defining factor of their business.
The expectations of today’s stakeholders – investors, employees, consumers, communities – demand a higher, more visionary level of sustainability leadership. Corporate leaders who put their money, and actions, where their mouth is on environmental and social issues are driving innovation, creating jobs, and gaining a new competitive edge for their businesses. Read more