Global businesses are, quite rightly, under scrutiny for what they are doing to tackle challenges such as climate change and poverty. Last month, the United Nations asked business leaders the same questions we’ve heard countless times: What are businesses doing to help deliver on the Paris climate agreement? How can business and government work together to drive change at scale?
The Washington Times: Carbon tax may be on table for GOP reform effort
Wall Street Journal: A Grand Bipartisan Bargain on Tax Reform
As Republicans take on tax reform, they seem hell-bent on repeating the tactical mistakes they made during their attempts at health-care reform. Again GOP policy makers have cloistered themselves to develop a bill whose prospects will hang by a thread in the Senate. Yet there is a powerful bipartisan grand bargain in corporate tax policy waiting to be struck.
New York Times: We Don’t Deny Harvey, So Why Deny Climate Change?
Imagine that after the 9/11 attacks, the conversation had been limited to the tragedy in Lower Manhattan, the heroism of rescuers and the high heels of the visiting first lady — without addressing the risks of future terrorism.
That’s how we have viewed Hurricane Harvey in Houston, as a gripping human drama but without adequate discussion of how climate change increases risks of such cataclysms. We can’t have an intelligent conversation about Harvey without also discussing climate change.
NYMag: How Democrats Can Get Trump to Enact a Carbon Tax
Environmentalists have been trying for a quarter of a century to enact a tax on carbon emissions without coming anywhere close to success. At first blush it seems absurd to believe they might achieve it under a president who denies the very existence of anthropogenic global warming and can’t seem to pass even bills he likes. In the face of this discouraging reality, some Democrats think they have a chance to pass a carbon tax in this congressional term. And the crazy thing is, it’s possible they’re right.
The Hill: A tax on carbon could be the answer to corporate tax reform
Tax reform may be the last big initiative we will see out of Washington this year. Republican leaders have laid out an ambitious mission to make taxes “simpler, fairer, and lower” for American families, while also lowering tax burdens on small businesses and corporations so they can be more competitive. On the latter front, as the chief negotiators recently outlined in a joint statement, “The goal is a plan that reduces tax rates as much as possible, allows unprecedented capital expensing, places a priority on permanence, and creates a system that encourages American companies to bring back jobs and profits trapped overseas.”