Daniel C. Esty and Steve Charnovitz
Incoherent U.S. energy and climate policies have cast a pall over the entire economy and are putting U.S. companies at a serious global disadvantage. The authors offer 10 prescriptions for reforms, two of which they describe in detail. First, they argue that the U.S. should impose a gradually increasing carbon charge; this would help internalize environmental costs, drive investment in energy efficiency, encourage innovation in renewable power, and raise substantial revenues that could reduce the national debt. Second, they say, the government should curb or redirect unwise energy subsidies and increase funding for clean-energy R&D. Environmental stewardship need not be an economic burden, they emphasize; on the contrary, investing in sustainability can enhance corporate and national competitiveness.
Read the article here.
Read the working paper, "Environmental Sustainability and Competitiveness: Policy Imperative and Corporate Opportunity", here.
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30 Jul 2014 - Forbes
Georgia-based Southwire staffed a plant with troubled teens, who proved that hard work can overcome hard knocks. In the process they pioneered a model for education reform nationwide.
"It's a remarkable win-win-win. Students are graduating, the school system loves it, the company makes money. It's mutually beneficial," says Harvard Business School's Jan Rivkin, who has closely studied the company's efforts.
25 Jul 2014 - Bloomberg Businessweek
Critics calling for regulation of alternative lenders have pointed to high borrowing costs, which often top 50 percent on an annualized basis, and lack of transparency, especially among the brokers many lenders rely on to bring in business. On the other hand, "there are some who say the marketplace is solving the problem," said Karen Mills, former head of the Small Business Administration, in a recent interview. "You have innovators and entrepreneurs coming in, and you don't want to get in the way of this too soon."
22 Jul 2014 - Inc.
Karen Mills' Harvard report on the state of small business lending paints a bleak picture, with the exception of technology.