Stanford Energy’s Post

Reinventing corporate sustainability In his book "Terrible Beauty," Auden Schendler critiques corporate sustainability's approach to energy and climate change, arguing that businesses have been ineffective in challenging the fossil fuel industry's dominance. He advocates for a more aggressive political approach to energy transformation. Schendler highlights successful local energy transitions, such as Holy Cross Energy's dramatic shift from fossil fuels to renewables. In 2008, the utility generated only 6% of its power from renewable sources; by 2024, this will rise to 90%. He supports policy measures like banning natural gas in new buildings, implementing zero-emissions vehicle standards, and providing clean energy tax incentives through the Inflation Reduction Act. The author criticizes current corporate sustainability efforts as too incremental, arguing that companies should focus on systemic change rather than minor operational improvements. He believes businesses should use their political influence to drive meaningful energy policy reforms that fundamentally alter economic incentives. Read the full article Stanford Social Innovation Review: https://lnkd.in/embsSEiU #oilandgas #climate #cleanenergy