Carbon insolvency has to be on every large corporate agenda

Posted on September 23 2020

I created the concept of carbon insolvency to describe a company that does not know how to raise the funding required to become net-carbon neutral, taking all its activities and customer chain into account. The idea is simple, easy to explain, capable of estimation, and a clear guide to those companies which can, and cannot, survive the change to the sustainable economy that we require. This video explains the concept.

There are more videos on related issues here.

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2 Responses

Paul Overend says:

September 23 2020 at 9:32 am

As a general member of the public, I find this helpfully intelligible and even exciting: It would help move investments to green futures.

What legislation would be required? E.g. 3 I can imagine would be areas for legislation: –
– would a legally binding date by net zero be needed (UK-wide [and it’s nationswide] and across all industries)?
– country by country account reporting?
– changes to carbon accounting standards?

You suggest in the heading this is for ‘large corporate agenda’, a good place to start, but how large in a counting terms, and why only large?

Thank you for coining an important idea into an elegant turn of phrase. I ask only for clarity.

Paul
- Richard Murphy says:
  
  September 23 2020 at 3:22 pm
  
  Thanks Paul
  
  I would like next carbon zero by 2030
  
  I know that may be optimistic
  
  This could be done as an accounting standard in 2 years
  
  It won’t be
  
  Legislation will take many more years
  
  And then it’s too late
  
  But I tried