Can Accountants Succeed on Climate Where Others Have Failed?
This past week the Government Accountability Office, the federal government’s independent auditor and watchdog agency, added climate change to its list of “high-risk” threats to the nation’s fiscal health.
“Climate change creates significant financial risks for the federal government,” the GAO report said. “The federal government is not well positioned to address the fiscal exposure presented by climate change, and needs a government wide strategic approach with strong leadership to manage related risks.”
And for anyone concerned about getting the government to act on climate change, that raises a tantalizing question: Can accountants succeed where scientists and the environmental movement haven’t?
Fiscally speaking, the GAO said there are three major areas where the government is vulnerable: