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Business leaders & the environment post-pandemic

Kevin Sneader, global managing partner for McKinsey & Company, explains why businesses should continue to invest in the environment.

How should businesses think about the environment in a post-pandemic world?

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Coronavirus Politics Daily: Chile's miners in a jam, sexist attacks in Italy, climate summit postponed

Chile's miners caught in a COVID bind: Even as coronavirus swept their country, Chile's hardy copper miners, whose industry accounts for a full ten percent of Chile's economy, continued to go to work. But now, as their unions prepare for new contract negotiations and seek bonuses for having worked amid COVID-19 hazards, they might be stuck in a tight shaft. For one thing, coronavirus related economic shutdowns around the world, especially in copper-hungry China, have caused prices to plunge, putting copper companies in an especially tight-fisted frame of mind. For another, the pandemic has increased many companies' desire to replace more of their workers with robots — Chile's mining industry is particularly exposed. The outcome of the negotiations, which could shape life for Chile's miners for years to come, is an early bellwether of the kinds of issues that unions around the world may face as they seek to negotiate with employers in the aftermath of the pandemic.

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Coronavirus and the climate

As governments around the world grapple with COVID-19, the planet continues to warm. How is the pandemic likely to impact climate policy within and among the world's largest countries?

For now, pollution is way down. Around the world, smog has decreased dramatically as coronavirus-lockdowns idle factories and park millions of cars, scooters, boats, and airplanes. This is temporary, of course, but it's a chance for people, at least those allowed outside, to see what clean air and water look like.

...but so is attention to climate policy. At the moment, most governments will have to get back to you about climate policy, and the UN has already postponed its planned November global climate summit, mothballing global coordination on climate responses until mid-2021.

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US-China Trade Talks Turn Ugly: World in 60 Seconds

Is global cooperation on climate change possible?

Sure, it's possible and as it gets worse, increasingly populations around the world, especially young people, are making it a priority. We've seen it in Finland, we see it in Australia. We see it even among left and right among young people the United States. That makes me feel, over time, we're going to see more cooperation.

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