Friends, colleagues, I have just published GEO-X: How 10 Big Firms Can Lead Us to End Global Warming. You can get it free through July 2023 on Apple Books, https://books.apple.com/book/id6450712229.
I ask for your help in distributing it to business
executives, especially to executives of environmental sustainability.
“GEO-X” examines the political obstacles to ending global
warming and concludes that governments will probably never overcome them. The
book describes the weaknesses of existing regulatory systems, how they slow
emissions but fail to incentivize true net zero operations, much less the
enormous carbon removal required to reverse global warming. The book explains
the failures of the carbon removal markets, especially the moral hazard so
often resulting in fraud.
To solve all of these problems simultaneously, “GEO-X”
proposes a bold three-part solution.
First, a coalition of willing firms could start a Global
Emissions and Offset Exchange (GEO-X) to trade emissions permits and carbon
removal contracts. Participating firms would end business with
non-participating firms. The result would likely be a rush to join through the
global supply chain.
Second, GEO-X would strengthen the carbon removal market
with contracts backed up by modern data and biological simulation. GEO-X would
not pay for reducing emissions, but only for removing carbon from the air.
Third, GEO-X would clear the carbon market with a
state-of-art auction mechanism which prices a hard deadline on global warming.
This auction mechanism appears to be the most efficient emissions trading
system ever designed.
GEO-X would not need government to start, but would benefit
from government cooperation. Governments could require businesses within their
jurisdiction to participate in GEO-X, accelerating global participation.
“GEO-X” calls senior business executives to tackle global
warming head-on.
Get it now and send it to your boss! And please re-post
to your own networks.
#climateaction #climatechange #ClimateLeadership
#ClimateSolutions #ClimatePolicy #corporatesustainability #environmental
#globalwarming #markets #supplychain #sustainability
No comments:
Post a Comment