Forbes discusses whether Environmental Activism is Bad For Business. History Suggests Not.
One of the big questions facing policymakers is whether to push ahead with their climate and environmental goals or to relax them during the global health pandemic. The Trump administration is choosing the latter, arguing that the regulatory pressures on business are, well, bad for business.
The global community is in pain. But a group of prominent scholars has come to a different conclusion than that of the White House. The Oxford Smith School of Enterprise and the Environment has analyzed the issue and concluded that investment in green technologies is the most efficient way to nurse an economy back to health. Renewable energy projects and modern electric grids can deliver the strongest medicine, it says, noting that those efforts have a long-term payback.