World Perspectives

Lump of Coal; Outcomes Not Means

Lump of Coal About 17 countries plus the EU presently have national carbon pricing. Some countries are threatening border taxes to prevent so-called carbon leakage, whereby countries with less punitive policies on carbon would otherwise have a competitive advantage. Critics have charged that such measures would likely violate the WTO. Perhaps reinforcing that notion, World Trade Organization Deputy Director-General Jean-Marie Paugam said this week that a global carbon price is the “first, best approach” to addressing climate change. This echoes the OECD effort to adopt a global minimum corporate tax, which remains in limbo. Achieving a global agreement on taxing carbon and at what level likely proves to be even more daunting th...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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