
Joseph E. Aldy
Economist
3
APPEARANCES
3
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012
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Oct 28, 2026
Are Corporate Climate Commitments Delivering Real Emissions Reductions?
3:47
3:58
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4:14

Joe AldyGUEST
You know, I think the important thing here is when we look at the voluntary corporate target landscape, it really raises important questions about business management, about law and regulation, and about public policy.

Joe AldyGUEST
That's what attracted, I think, the scholars from the law school, the business school, and the Kennedy School to come together to work on this.

Joe AldyGUEST
Now, in order to really understand what these voluntary corporate targets mean in practice, we need to actually better understand who has adopted these targets.

Joe AldyGUEST
So if we want to ask and address questions like, are the emissions of companies with voluntary targets lower than other companies? Do companies that take on targets start to inform and influence their peers? How do we think about these voluntary corporate targets interacting with existing public policies and regulations? We really need to have a comprehensive and complete assessment of who has adopted targets, what types of targets those are, and those who have not.
26 MINS LATER
Ep 119 — Corporate Climate Targets Project Tracks Commitments and Actions on GHG Emissions
2:50
3:01
3:07
3:17

Joe AldyGUEST
You know, I think the important thing here is when we look at the voluntary corporate target landscape, it really raises important questions about business management, about law and regulation, and about public policy.

Joe AldyGUEST
That's what attracted, I think, the scholars from the law school, the business school, and the Kennedy School to come together to work on this.

Joe AldyGUEST
Now, in order to really understand what these voluntary corporate targets mean in practice, we need to actually better understand who has adopted these targets.

Joe AldyGUEST
So if we wanna ask and address questions like, are the emissions of companies with voluntary targets lower than other companies? Do companies that take on targets start to inform and influence their peers? How do we think about these voluntary corporate targets interacting with existing public policies and regulations? We really need to have a comprehensive and complete assessment of who has adopted targets, what types of targets those are, and those who have not.
8 MINS LATER
Climate Policy: Moving Beyond Ostriches and Pollyannas | Markus' Academy | Ep. 32
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How would you calm it down and come up with some calming features? How do you see the whole thing carrying the people with you on this endeavor?

Joe AldyGUEST
One thing I would stress on the innovation part is solar geoengineering, we probably don't need a lot of innovation per se.

Joe AldyGUEST
We know what kind of particles will actually work in reflecting the incoming sunlight.

Joe AldyGUEST
We just need to find ways of actually flying airplanes probably 50, 60,000 feet in the air and design them in a way to inject those aerosols into the atmosphere.

Joe AldyGUEST
We can already fly planes that high, just the planes we build that go that high typically just have pilot or two and cameras, as opposed to having a payload and have a design so that it can fly that altitude and inject the aerosols into the air.

Joe AldyGUEST
So when we've talked to some of the people who are experts on this and the communications they've had with people in the aviation industry on actually building delivery vehicles like this, it's not a very difficult engineering problem.

Joe AldyGUEST
It's something, one, that if you had made a crash course, you could have a fleet of these airplanes operating probably within a decade or so.

