Blog Post | GRC | 09.26.17

Microsoft, Yale Share Internal Carbon Pricing Experiences

From college campuses to Davos, carbon pricing is a policy instrument regarded by climate scientists, economists, and political and business leaders as an important part of efforts to mitigate global climate change.

Corporations and institutions around the globe are also coming to realize that there is strategic value in imposing an internal carbon price to reduce their carbon footprint.

According to the Carbon Disclosure Project (CDP), a global system disclosing the environmental impacts of companies, cities and regions, more than 500 companies reportedly used an internal carbon price in 2015. This is three times greater than 2014. Keeping the momentum going, another 732 companies reported to the CDP their plans to implement an internal carbon price in 2017 and 2018.

In September Boston University and the Green Ribbon Commission hosted an event to hear from global leaders in corporate carbon pricing initiatives. “Reducing Emissions by Pricing Carbon: How Microsoft and Yale are leading the charge,” is a panel discussion on Internal Carbon Funds.

Participating in the panel are:

Microsoft’s Liz Willmott. Willmott will explain how in its first five years the company’s carbon pricing program changed the company’s culture, reduced carbon emissions by 9.5 million metric tons, purchased more than 14M MWh of renewable energy, helped reduce energy consumption more than 10% across the Redmond campus, and impacted more than 7 million peoples’ lives in emerging nations. Liz is Microsoft’s environmental sustainability program manager.

Yale’s Casey Pickett who will present the experience and results of the Yale 2015/2016 pilot program and what comes next, following the leadership decision to use the campus as a test bed for carbon pricing. Casey is Director of the Carbon Charge at Yale.

BU’s Kenneth Pucker. Pucker will discuss effective carbon pricing and organizational behavior based on accurate measurement of climate impacts. Ken is the former COO of Timberland and Lecturer, Organizational Behavior, at the Questrom School of Business.

ProPublica’s Andrew Revkin will moderate. Andy is Senior Reporter on Climate Change at ProPublica and former environmental reporter at The New York Times, where he wrote the Dot Earth Blog.


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