Can we trust capitalism to solve climate change?

Image Credits: TechCrunch

We tackled the age-old question of whether corporations are that bad.

Depending on what side of the bed you sleep on, your answer may be different. Some people have a more positive perspective when it comes to climate issues.

Climate change was caused by capitalism and will be solved, according to the co- founder and CEO of the carbon accounting firm.

The climate crisis was created by capitalism because it wanted cheap access. capitalism can solve this by taking market demand for green products.

Corporations should be held responsible for reversing their destruction because they have an outsized impact on climate change. Only 100 companies are responsible for more than 70% of global emissions, according to a report from last year.

It is difficult to understand how corporations can do better. Air travel makes up 9% to 12% of transportation emissions in the US, and the airline has committed to reaching net-zero by the year 2040. There isn't enough sustainable aviation fuel to propel all of JetBlue's planes tomorrow.

The investment arm of the airline invests in companies that want to make air travel more sustainable.