Take a moment to digest - and applaud - a sign of bipartisan support for dealing with climate change. Last week (July 13) 46 House Republicans voted to reject a measure that would have deleted from the annual defense authorization bill a requirement that the Department of Defense study its vulnerability to climate change. With that Republican support, the amendment was defeated, 234-185
How many times have you heard a politician say that the United States just can’t afford to take strong action against climate change? Anyone who takes that position should assign his best number-cruncher to a cost-benefit analysis.
Two former CEOs and the former Chief Risk Officer of Goldman Sachs say that carbon pricing could help achieve comprehensive tax reform that boosts U.S. competitiveness and job growth, according to a statement submitted to the record of the House Ways and Means Committee last night.
I’m a Wall Street risk manager. As an employee, a partner and, for four years, the risk manager at Goldman Sachs, I served many chairmen, including Bob Rubin, Hank Paulson and Lloyd Blankfein, who leads the firm today. Every one of them has always understood that managing risk is vital to the firm’s financial success and always a priority.