Fred Krupp

Bloomberg Champions the Private Sector’s Critical Role in Addressing Climate Change

Issue: 
Michael Bloomberg

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.