Bloomberg: The United States has no national tax or price on carbon dioxide pollution. That doesn't mean it doesn't cost investors anything there or elsewhere, says former Vice President Al Gore. He and David Blood, co-founders of Generation Investment Management, this morning published a new paper explaining the evolution of their thinking on "sustainable capitalism," and how investors can lessen their financial risks from climate change. Gore and I spoke on Oct. 17.
Q: What are the hidden costs of carbon?...