Prepare for CO2 Footprints Everywhere, Billionaire Steyer Says

Consumers could see carbon footprints on common products they buy as the world’s green transition forces companies to increase transparency on emissions, said billionaire investor Tom Steyer.

“That’s what it’s going to take,” said Steyer, co-executive chair of Galvanize Climate Solutions, at the Bloomberg Green summit in New York on Wednesday. “You have to know, ‘What is the carbon footprint of this shirt?’”

Steyer Sees Crisis as Opportunity for Positive Climate Impact

Steyer cited the effort by the US Securities and Exchange Commission to require climate disclosures by companies and the European Union’s border adjustment rules as evidence of a global push for quantification of climate impact.

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