- Distinguished Emeritus Professor of Management, University of California, Davis
A New Zealand-focused analysis finds businesses in areas with healthier ecosystems tend to generate higher sales and profits, revealing an overlooked green benefit.
If businesses are already pricing in climate risks in New Zealand, then the benefits of mandatory reporting may be overstated, new research has found.
By injecting hidden risk into the financial statements of the listed companies monitored by the Securities and Exchange Commission, the Supreme Court may have set the stage for the next recession.
Rising temperatures are having an impact on every aspect of people’s lives. Business is not immune to the volatile weather.
When big investors like Blackrock get worried about their returns, they have the power and incentive to make fossil fuel companies take action.
Exxon Mobil has a clear motive to back a new plan to tax carbon with its clout and money. And a carbon tax that is high enough to work might prove politically impossible to enact.
The oil giant is bowing to pressure exerted by shareholders and the authorities as it tries to catch up with its competitors.
The Trump administration may reverse a recent push to require oil companies to disclose more information about climate change risks to investors. Is that a good thing?
The SEC and others are pressing Exxon to disclose more climate change risks to investors. But new research suggests shareholders are already pricing in those costs on their own.
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