Taxes Need to be Part of the Climate Conversation, says Summers

The video discusses Tia's long-term involvement in ESG and climate issues, emphasizing a holistic approach to asset management and shareholder engagement. It highlights the need for government intervention in climate change through reduced fossil fuel subsidies and increased investment in clean energy. The economic implications of climate policies are explored, suggesting that rational climate policy can lead to a richer and more equal society. The importance of carbon pricing and the role of both public and private sectors in addressing climate challenges are also discussed.

Why is it important to tax negative externalities like emissions?

What is the significance of private sector involvement in climate change solutions?

What are the potential economic impacts of investing in climate solutions?