Henry Paulson on climate change and U.S. economy

Global Business

The U.S. has not expanded clean energy like nuclear or clean coal or cut energy waste, but it has formed a new climate working group with India and last year, the U.S. and China agreed to phase out certain types of pollutants.

A new report called the “Risky Business Project” highlights the consequences of climate inaction to the U.S. business community.

While the report’s authors didn’t offer solutions to this climate crisis, Paulson himself has advocated for a carbon tax.

A number of countries around the world have already put a levy on carbon emissions, including Australia, the UK, and Finland.

Henry Paulson, a former U.S. Treasury Secretary and Chairman of the Paulson Institute at the University of Chicago, shares his insights.

Henry Paulson on climate change and U.S. economy

Henry Paulson on climate change and U.S. economy

The U.S. has not expanded clean energy like nuclear or clean coal or cut energy waste, but it has formed a new climate working group with India and last year, the U.S. and China agreed to phase out certain types of pollutants. A new report called the "Risky Business Project" highlights the consequences of climate inaction to the U.S. business community. While the report's authors didn't offer solutions to this climate crisis, Paulson himself has advocated for a carbon tax. A number of countries around the world have already put a levy on carbon emissions, including Australia, the UK, and Finland. Henry Paulson, a former U.S. Treasury Secretary and Chairman of the Paulson Institute at the University of Chicago, shares his insights.
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Henry Paulson also shared his thoughts about Wednesday’s economic news.
He said the short-term factors behind the contraction shouldn’t distract policy makers from the big picture.

Henry Paulson on U.S. economy

Henry Paulson on U.S. economy

Henry Paulson shared his thoughts about Wednesday's economic news. He said the short-term factors behind the contraction shouldn't distract policy makers from the big picture.
Download Video

  • We were googeling for crowdenergy.org and came across your Henry Paulson on climate change and U.S. economy | CCTV America page. My greatest worry is sustainable energy, unless we end using coal the planet is going to be in dire danger.
    I am surprised scientists are not looking at using more renewable energy like Tidal Power sort of like Florida based Crowd Energy. If we dont fix this problem soon its going to get out of control.
    Have a nice day, Plagman

  • solshapiro

    A short term fix to climate change can probably be achieved by use of Solar Radiation Management (SRM) Geoengineering to create the time needed for such action as a carbon tax to work. Please advocate for study of SRM by the government to gain the needed understanding for how to deploy SRM!