Is Climate Change Regulation Full of Hot Air?
McKinsey’s executive climate change survey seems to suffer from ill defined issues. When questioning executives about whether they believe there will be climate change regulation, the results were predictably vague:
“Given the considerable uncertainties around climate change regulation, it is noteworthy that more than 80 percent of global executives expect some form of climate change regulation to come to their companies’ home country within five years. Relatively few executives say their companies are likely to respond to new regulations in geographies where they operate.”
Amazingly, McKinsey says that this vaguest of survey results is “noteworthy”. I’ll repeat it to emphasize it’s vacuousness: “80 percent…expect some form of climate change regulation…in the next five years“. Not only is climate change regulation full of hot air–so is this survey.
Why would McKinsey publish such a survey? Is it because they have an obligation to address climate change themselves, no matter how poor they address it? Why is a consulting firm trying to make this issue so important without taking time to define it more carefully? Is this the consulting world’s example of a “puff” piece?
Don’t miss a post. Subscribe via EMAIL or RSS.
Related Stories
POSTED IN: Solutions and Trends Requiring Projects
0 opinions for Is Climate Change Regulation Full of Hot Air?
No one has left a comment yet. You know what this means, right? You could be first!
Have an opinion? Leave a comment: