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Pay Wall Street to Fight Global Warming

FORTUNE: It’s a radical idea. By most measures, the Paris climate talks last month were a success. In the end, 195 countries agreed to reduce their carbon emissions enough to limit global warming to 2.0°C. And rich nations agreed to pay poor countries that are vulnerable to climate change $100 billion per year by 2020. Separately, Bill Gates, along with a group of other wealthy individuals, pledged billions of dollars in new clean tech investments; 500 organizations agreed to purge their fossil fuels investments; 114 major companies committed themselves to emissions reduction targets; and 10 major cities announced plans for their own major carbon reductions. This kind of progress has generat

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