July 29, 2014 SIGN IN | REGISTER

Shank and Powell: Climate Change Fight Includes Private Sector

Incidentally, this also helps ensure that resources are distributed equitably, at least on the energy front. In many countries, unfortunately, energy and energy utilities are in the hands of the powerful few, often to the detriment of the powerless majority.

The democratization of energy changes that dynamic. It also decreases the likelihood of violence.

One of the eight fundamental factors found in more peaceful environments, as reported by the Institute for Economics and Peace, was the equitable distribution of resources. Energy equitability, then, should be a longer-term goal.

In the meantime, helping consumers know whether their computer, car or clothing was made with wind energy is a great step in the right direction. We need more innovations and initiatives of this kind. The climate isnít cooling anytime soon, and itís clear that climate talks will continue to be inconclusive. So companies and consumers, the ball is in your court.

Michael Shank is U.S. vice president of the Institute for Economics and Peace. Melissa Powell is head of strategy and partnerships at the United Nations Global Compact.

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