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

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 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 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.