{"id":173098,"date":"2020-07-02T13:15:34","date_gmt":"2020-07-02T17:15:34","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173098"},"modified":"2020-07-02T11:16:41","modified_gmt":"2020-07-02T15:16:41","slug":"why-companies-as-diverse-as-ebay-ikea-and-mars-are-increasingly-supporting-us-clean-energy-policies","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/why-companies-as-diverse-as-ebay-ikea-and-mars-are-increasingly-supporting-us-clean-energy-policies\/","title":{"rendered":"Why companies as diverse as eBay, IKEA and Mars are increasingly supporting US clean energy policies"},"content":{"rendered":"
July 2, 2020<\/div>
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By Zdravka Tzankova<\/a>, <\/strong>Vanderbilt University<\/strong><\/em><\/a><\/em><\/p>\n

The Research Brief is a short take about interesting academic work.<\/em><\/p>\n

The big idea<\/h2>\n

My new analysis<\/a> of companies that seek to buy renewable electricity<\/a> finds that business is becoming a powerful new ally<\/a> in the U.S. political battle to stop climate change. Driven by pressure from environmental groups<\/a> and by the increasingly competitive prices of wind and solar<\/a>, many companies have pledged<\/a> to power their operations with clean energy. But the legal and technical complexity of U.S. electricity markets<\/a> has stalled corporate progress on their clean power goals. This has prompted companies as diverse as eBay, Mars, IKEA and Walmart to push for public policies that expand the generation of renewable energy in the U.S. and make it more accessible through mandates<\/a>, incentives<\/a> and other regulations<\/a>.<\/p>\n

Why it matters<\/h2>\n

Politically powerful fossil fuel interests have long steered U.S. policy toward carbon-intensive energy and economy<\/a>. Increased business lobbying for clean energy policies<\/a> by the likes of Nestle, Salesforce, Unilever and other large companies has the potential to tip the political scale in favor of a carbon-free
\neconomy and help the U.S. reach or exceed Paris Agreement<\/a> emissions targets.<\/p>\n

What still isn\u2019t known<\/h2>\n

It is still unclear if clean energy efforts by corporate energy buyers will be enough to outweigh the massive political influence<\/a> of the fossil fuel industry in time to avert the worst effects of climate change<\/a>. There\u2019s little evidence of a slowdown in lobbying by fossil fuel interests<\/a>, so the question is whether corporate lobbying for clean energy will ramp up fast enough to change the course of U.S. climate and energy policy.<\/p>\n

What\u2019s next<\/h2>\n

For my next project, I plan to compile a database of companies and industries that are struggling to meet pledges for greening various corporate operations and supply chains. Using this database, I aim to identify cases in which stronger public environmental policies can help businesses meet a range of environmental commitments. I further aim to identify ways to mobilize business advocacy in favor of stronger environmental policies.<\/p>

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<\/div>\n

About the Author:<\/em><\/strong><\/p>\n

Zdravka Tzankova<\/a>, Associate Professor of Sociology, Vanderbilt University<\/a><\/em><\/p>\n

This article is republished from The Conversation<\/a> under a Creative Commons license. Read the original article<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Zdravka Tzankova, Vanderbilt University The Research Brief is a short take about interesting academic work. The big idea My new analysis of companies that seek to buy renewable electricity finds that business is becoming a powerful new ally in the U.S. political battle to stop climate change. Driven by pressure from environmental groups and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-173098","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=173098"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173098\/revisions"}],"predecessor-version":[{"id":173099,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173098\/revisions\/173099"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}