CEO of Bloomberg L.P. and former New York City Mayor Michael Bloomberg spoke to Environmental Defense Fund President Fred Krupp during the 2015 Bloomberg New Energy Finance Summit in New York last month. Reflecting on his career in business, philanthropy, and politics, Bloomberg emphasizes the private sector’s essential role in effecting greenhouse gas reductions. He comments on his current role at the United Nations, which has led him to consider the energy challenges facing countries like India and China. Finally, Bloomberg encourages environmentalists to “get tough” in the face of public-sector paralysis.
As West Coast Political Director for the Environmental Defense Fund, Lauren Faber is closely involved in California’s ongoing implementation of its cap-and-trade program. Faber spoke at the VerdeXchange 2014 Conference in Los Angeles on panels titled “Cap-and-Trade: Following the Money in California’s Carbon Market” and “Cleantech Grid Integration of Renewables.” Faber brings experience at the California Environmental Protection Agency to her work at EDF. In the following interview with VX News, she elaborates on her role at EDF and offers insight into cap-and-trade’s effectiveness—noting what Californians can expect as transportation fuels come under the cap and considering how the state may allocate funds from the program.