Recently, the EPA unveiled a proposal to reduce carbon emissions aggressively. It also avoids a potentially clumsy federal "one-size-fits-all" approach, by requiring and empowering each state to craft its own pollution reduction strategy. When each state is a laboratory, we are most likely to find the best practices.
For businesses, not taking action to cut carbon pollution and address climate change is a business risk that can have serious results. According to "Risky Business," the groundbreaking new report by E2 co-chairs Michael Bloomberg, Henry Paulson, and Tom Steyer, sea-level rise and coastal storms could sap $35 billion out of our economy every year.