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Short-Term Strategies Don't Work for Wall Street or the Planet
Posted on October 14, 2008
By Mindy S. Lubber The fiscal crisis on Wall Street is a painful lesson in how entire industries can delude themselves into ignoring the most fundamental issues -- in this case, the hidden risks from easy sub-prime mortgages. It also reveals the vast pitfalls of an economic system obsessed with short-term gains and growth at all costs while ignoring essentials such as building long-term shareholder value and protecting the future of the planet. As we confront global climate change -- perhaps the biggest challenge mankind has ever faced -- business and government leaders have an opportunity to ...
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alberta , canada , carbon , carbon emissions , china , climate change , climate risk , co2 , emissions , europe , european , european union , global warming , greenhouse gas , policies default explanation




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