Crises often precipitate action

SRI

clock

Barack Obama is seeking to use the environmental crisis wreaked by the BP oil spill as an opportunity to push through environmental legislation, writes Henderson's Seb Beloe

In 1959 John F Kennedy explained that when written in Chinese the word crisis is composed of two characters: one represents danger and the other represents opportunity. Half a century later and President Barack Obama is seeking to use the environmental crisis wreaked by the BP oil spill in the Gulf of Mexico as an opportunity to push through increased environmental legislation. Economic discontent He has form in turning a crisis to political advantage. Both the passage of healthcare reform and financial legislation have been greased by economic discontent stemming from the credit crisi...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Tulip Siddiq resigns as economic secretary after weeks of pressure
UK

Tulip Siddiq resigns as economic secretary after weeks of pressure

Over alleged Bangladeshi financial links

Eve Maddock-Jones
clock 14 January 2025 • 1 min read
Tax concerns hit highest levels since 2017 as UK businesses forecast Budget linked price increases
UK

Tax concerns hit highest levels since 2017 as UK businesses forecast Budget linked price increases

Tax a significant concern for 63% of firms

Eve Maddock-Jones
clock 06 January 2025 • 3 min read
Aegon UK and NatWest Cushon pledge investment in British Growth Partnership
UK

Aegon UK and NatWest Cushon pledge investment in British Growth Partnership

Part of pension reforms

Jonathan Stapleton
clock 14 November 2024 • 3 min read
Trustpilot