Environmental Debt (7/8/13)

There is a pattern between the way we do business and the changes in our climate. “The companies that are the biggest polluters make the biggest profits,” according to Amy Larkin, author of Environmental Debt: The Hidden Costs of a Changing Global Economy. Companies like McDonald’s and Coca-Cola are changing the rules to run a more socially conscious business. According to John Hofmeister, former President of Shell Oil USA, “social cost could be the game changer that warrants the way we look at future environmental debt.” Both Larkin and Hofmeister agree that the government must play a large role in changing the rules of business if we have any hope of solving the climate crisis. A conversation with a leading environmentalist and former oil executive on the costs of pollution and cleaning up capitalism. This program was recorded in front of a live audience at The Commonwealth Club of California on July 8, 2013. Learn more about your ad choices. Visit megaphone.fm/adchoices