Businesses “Blindfolded” By Policy Uncertainty Around Climate Change

Published by: System
in Climate Change, Issue 1, Volume 18

BANFF – Policy uncertainty around climate change has left corporations “blindfolded in a closet” in terms of future spending and investors fearful, says an economist at the Institute for Sustainable Energy, Environment and Economy (ISEEE).

              Even though business is struggling with regulatory and policy uncertainty, companies that fail to change their spending and products in response to climate change won’t succeed, Michal Moore, a senior fellow at ISEEE at the University of Calgary, told the Canadian Prairie and Northern Section (CPANS) Air & Waste Management Association’s annual conference.

              Policy makers “(are) arguably least prepared to deal with climate change . .…


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