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    Business, Ethics, and Climate Change

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    Tommy Maloney
    This document outlines an argument that U.S. corporations have a moral responsibility to aggressively reduce their carbon dioxide emissions in order to mitigate global climate change. It notes that climate change is real and caused primarily by greenhouse gas emissions from fossil fuel use and deforestation. While market solutions are proposed, these do not adequately address the political and moral issues, such as disproportionate harms experienced by developing nations. The document argues that strong government policies, including retroactive carbon taxes, are needed to set mandatory emissions reduction goals.

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    Business, Ethics, and Climate Change

    Uploaded by

    Tommy Maloney
    17 views2 pages
    This document outlines an argument that U.S. corporations have a moral responsibility to aggressively reduce their carbon dioxide emissions in order to mitigate global climate change. It notes that climate change is real and caused primarily by greenhouse gas emissions from fossil fuel use and deforestation. While market solutions are proposed, these do not adequately address the political and moral issues, such as disproportionate harms experienced by developing nations. The document argues that strong government policies, including retroactive carbon taxes, are needed to set mandatory emissions reduction goals.

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    This document outlines an argument that U.S. corporations have a moral responsibility to aggressively reduce their carbon dioxide emissions in order to mitigate global climate change. It notes that climate change is real and caused primarily by greenhouse gas emissions from fossil fuel use and deforestation. While market solutions are proposed, these do not adequately address the political and moral issues, such as disproportionate harms experienced by developing nations. The document argues that strong government policies, including retroactive carbon taxes, are needed to set mandatory emissions reduction goals.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    17 views2 pages

    Business, Ethics, and Climate Change

    Uploaded by

    Tommy Maloney
    This document outlines an argument that U.S. corporations have a moral responsibility to aggressively reduce their carbon dioxide emissions in order to mitigate global climate change. It notes that climate change is real and caused primarily by greenhouse gas emissions from fossil fuel use and deforestation. While market solutions are proposed, these do not adequately address the political and moral issues, such as disproportionate harms experienced by developing nations. The document argues that strong government policies, including retroactive carbon taxes, are needed to set mandatory emissions reduction goals.

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    of 2

    4/15/2021

    Business, Ethics, and


    Global Climate Change
    Businesses Moral Responsibility for
    Reducing CO2 Emissions [Denis Arnold & Keith Bustos 2005]

    Argument Outline

    Global Climate GCC is Largely Since 2001 U.S. Market “Solution” U.S. Corporations
    Change (GCC) is Caused by Green Corporations Does Not Address Must Be
    Real and Will House Gases Knew Their GHG the Political and Aggressive in
    Cause Major (GHG) Such as CO2 Emissions Moral Reality Reducing CO2
    Harms Around the Emissions from Contributed to Emissions
    World in the U.S. Corporations GCC especially in areas
    Future of transportation &
    electricity

    Your Logo or Name Here 2

    Global Climate Change (GCC) is Real and Will Cause Major


    Harms Around the World in the Future

    Intergovernmental Panel on Fossil Fuels and Land Use Industrialized Nations and
    Climate Change (IPCC) Two-Thirds World

    • IPCC has been working • 75% of GHGs produced by • Vast majority of GHG’s
    with scientists and humans come from produced by corporations
    economists since 1988 to burning fossil fuels of industrialized nations
    understand Climate
    • 25% of GHGs come from • Disproportionate harm
    Change changes in land-use, experienced by two-thirds
    • By 2000, they determined especially deforestation world
    that anthropogenic
    climate change is real and
    getting worse
    • GHGs, especially CO2,
    remain in atmosphere for
    50-200 years
    • Changes now will take
    that long to have a Your Logo or Name Here 3
    positive effect

    1
    4/15/2021

    Market Solutions And Their Problems

    Market Argument Problems with Market Industrialized Nations and


    Argument Two-Thirds World

    • Businesses are obligated • Multinational • American citizens


    to obey law, and the will Corporations (MNCs) consume a
    of the electorate in operate in countries disproportionate level of
    regulating limits on where citizens have no “atmospheric resources”
    producing GHGs input into laws and U.S. (i.e., fuel, electricity,
    regulation does not natural gas) which market
    • Businesses should
    protect those countries responses do not take
    respond to consumer
    into account [total
    demand related to GCC • Consumers don’t have the utilitarian benefit vs. just
    (i.e., follow market knowledge of GCC, distribution of
    mechanisms) emissions, and future benefits/harms
    harms to have informed
    input in legislation • Justice says those who
    created past problems
    • The market for Climate- should bear burden of
    friendly products is limited fixing them
    and Energy producers are
    monopolies Your Logo or Name Here 4

    How to “Encourage” Businesses to Be More Aggressive


    In Addressing GCC

    Cost-Benefit Analysis Need Government Implement a Carbon


    is Inadequate – Need Policies to Set Goals Tax that is
    Justice to Future for Emissions Retroactive to 2001
    Generations Reductions
    Note that authors are Proposes Getting to 1990 Why retroactive to 2001?
    rejecting pure levels “within a few
    utilitarianism and decades” (118) Revenue from tax would
    promoting Rawlsian view be used to help fund
    This was almost two further “abatement
    of justice (117)
    decades ago measures” (e.g.,
    incentives for shifting to
    renewable energy)
    Your Logo or Name Here 5

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