CIRUN - Climate Information: Responding to User Needs
Home > Environmental Change in the News

Environmental Change in the News

Energy company CEO says businesses must address climate change

Published: Wednesday, November 9, 2011

The head of New Orleans-based Entergy Corp., J. Wayne Leonard, said that the government should implement a per-ton carbon tax and use the revenue to help low-income families.

Leonard has previously supported instituting a federal greenhouse gas cap-and-trade program and unsuccessfully lobbied Congress to pass cap-and-trade legislation. His company produces 30,000 megawatts of energy from coal, natural gas, nuclear and hydropower. Speaking to the National Wildlife Federation last week, Leonard said he was concerned about his environmental legacy.

"You start to find yourself posing the question of 'After I die, what?' and then it really starts to dawn on you that the real question is 'Before I die, what?'" he said. "I can think of no time in history when the planet is
in as much peril as it is today. We were not supposed to be facing the possibility of mass extinctions in anybody's lifetime ... but here we are."

He went on to discuss how climate change will affect ecosystems. "What we can't be certain about is how bad is it going to be: Are we going to end up with 25 percent of species extinct? Or 50 percent? Is man going to be one of those species?" said Leonard. "There are no good outcomes at all."

Leonard also described his proposed carbon fee as an insurance policy. "Buy some insurance for your conscience. Buy some insurance for your soul," he said. "We're all going to be laying on our deathbeds with some regrets, but you don't want to be laying on your deathbed with regrets about things you did to somebody who was innocent."

Larry Schweiger, CEO and president of the National Wildlife Federation, gave Leonard an award for Entergy's voluntary carbon emissions reduction target and its $30 million investment in pollution control measures (Mark Schleifstein,  New Orleans Times-Picayune, Nov. 7). -- UI


Reprinted from ClimateWire with permission from Environment & Energy Publishing, LLC. www.eenews.net. 202-628-6500

 

Back to Top

Reprinted from climatewire-10-31_11-11 with permission from Environment & Energy Publishing, LLC. www.eenews.net. 202-628-6500.


A new 'toolkit' for communities worried about climate change impacts

Climate change could cause major changes in San Francisco Bay area waters

Climate change has contributed to dry Mediterranean winters, study finds

Climate change is making some birds bigger, study finds

Rocky Mountain glaciers have grown slightly this year, say scientists

Energy needs of the West and water scarcity are on a collision course -- study

DHS official warns climate migration could overwhelm U.S. borders, Coast Guard

Climate refugees could be pushed into high-risk areas -- study

Severe Texas drought felt in the global economy

Seaweed moves south, threatening marine ecosystems

Seas warm more slowly, but researchers find velocity of change threatens species

Scientists spot NYC-sized iceberg breaking from Antarctica

Tracking ocean temperatures can help predict severity of forest fire seasons -- study

Study attributes $14B in health costs to some climate-related events

Insurers see physical risks from climate change, but not investment dangers

Fires, disease will push Pacific Northwest trees out of existing habitat -- study

Energy company CEO says businesses must address climate change

Climate change evaporates part of China's hydropower production

Alaska's damage from freak storm described as 'minor'

Alaska faces severe storm with less ice to protect its coasts

Severe Texas drought starts to harm water quality


« Archive