Harvard Business School professor on Paris accord post-U.S.
In addition to opposition from environmentalists, governors, and mayors, many prominent business leaders reacted with dismay to President Trump’s decision to withdraw the U.S. from the Paris climate agreement. Members of the higher education community also recommitted to fighting climate change, with Harvard President Drew Faust among a dozen leaders of research universities issuing a joint statement this week on sustainability and the importance of transitioning to a low-carbon economy. Among the CEOs voicing disagreement with the president were the heads of companies whose interests clearly lie in a clean energy future, like electric cars or renewable energy. But they weren’t alone. Leaders across a range of sectors worried that the U.S. is turning its back on the future, suggesting that it may fall to the business community to lead the way on the issue. George Serafeim, Harvard Business School’s Jakurski Family Associate Professor of Business Administration, is an expert...