Sources journal lately spoke with Larry Linden, founding father of the Linden Belief for Conservation and chair emeritus of the Sources for the Future (RFF) Board of Administrators. Beneath are excerpts from the dialog, from his method to supporting a corporation to his ardour for combating local weather change, and extra.
Sources journal: You’ve gotten targeted your efforts on local weather change as a philanthropist and citizen. Why this situation?
Larry Linden: After I look again, local weather change has been a thread all through my total life. I grew up in Pasadena, California, within the Fifties, when the air was severely brown. Through the years, the air has gotten a lot cleaner, displaying what good science and sound coverage can accomplish. After I served as a younger Air Power officer within the Pentagon, I wrote one of many first environmental affect statements, which assessed B-70 bombers. I later labored within the Carter administration, within the Workplace of Science and Know-how Coverage (OSTP). Ultimately, I moved to New York and spent a lot of the subsequent 25 years at McKinsey and Goldman Sachs. I adopted the rising science of local weather change the entire time, and it was turning into clear that we have been seeing a worldwide disaster within the making.
What introduced you to Sources for the Future?
I first realized about RFF throughout graduate college. I used to be a scholar within the MIT Vitality Laboratory, the place we studied useful resource economics. So I knew RFF, and I knew the standard of the work, even then. Later, as I left Goldman Sachs and was requested, “What are you going to do now?” I stated, “I will see if I can decelerate the speed at which we’re destroying the planet.”
I had already identified Paul Portney, who was then the president of RFF. After I was working at OSTP, he additionally labored within the White Home, as a workers economist on the Council on Environmental High quality. So, in 2001 when Paul requested me to hitch RFF’s Board of Administrators, I did, as a result of I had nice regard for RFF.
Do you could have a “donor philosophy”? How does RFF match into it?
I really feel like I have been a tremendously lucky particular person, and after my years as a accomplice at Goldman Sachs, I felt that my activity was to “give again”—however I had no thought how to do this. I knew I would want to study loads to develop into a value-added participant, quite than only a verify author.
Becoming a member of the RFF Board of Administrators gave me a studying alternative and an opportunity to re-immerse myself in environmental coverage—to work together with RFF researchers and different board members who introduced a wealth of numerous views.
What do you assume RFF’s best affect has been over the time you’ve supported the group?
Starting within the Nineteen Eighties, RFF got here up with a conceptual framework for air pollution pricing and credit score buying and selling. With efforts shared amongst RFF, the Environmental Protection Fund, Harvard, and others, creating the precise cap-and-trade market—not just a few financial principle, however the precise design of the Clear Air Act amendments of 1990—was an unlimited achievement.
RFF has for years now been the go-to heart for experience on carbon pricing, and largely for cap-and-trade evaluation, as properly. RFF has the highest-quality analysis, the very best software units, nice relationships within the coverage neighborhood, and a dedication to handle these sorts of issues. So, it’s not simply that RFF has a legacy; RFF is a gigantic asset that has nice future significance. I’m so proud to be part of RFF.