Why CEOs are embracing (some) climate change policies

Despite resistance from the energy sector, the Waxman-Markey bill’s cap and trade bill made it to the Senate 11 years ago. But the bill, which proposed a market-based approach to climate change policy, ultimately died on the Senate floor. Today, POLITICO’s Zack Colman explains why the chiefs of some of the energy companies that opposed cap and trade now want the government to go down a similar route to address the climate crisis. Kelsey Tamborrino is a Politico Energy reporter.Zack Colman is an energy and environment reporter for POLITICO.Irene Noguchi is the executive producer of Politico's audio department.Jenny Ament is the senior producer of Politico's audio department.Carlos Prieto is a Politico podcast producer.