Wall Street Journal, Financial Times Publish Special Sections on Carbon Emissions & "Green New Deal"

When the U.K.-based Financial Times and the U.S.-based Wall Street Journal publish special sections on the same day on nearly identical topics, the resulting stories are worth a close look.

On Monday, the Journal published a special section on the environment with the lead article entitled, "Can Countries Cut Carbon Emissions Without Hurting Economic Growth?" Meanwhile, the lead article in the FT special section -- entitled "Green New Deal" -- focused on the important role regional governments may play in addressing climate change.

Neither special section purports to be definitive in terms of all the associated issues much less solutions to the issues, but anytime these two widely-respected publications deem fit to address a topic you can bet that world leaders are taking note.

As one might expect the FT coverage is much broader than the Journal's, reflecting a major difference between the publications. Put another way, the FT special section includes stories about Brazil, the EU, the U.K., U.N., and the U.S. while the Journal special section focuses almost exclusively on the U.S.

Reducing carbon emissions is quickly becoming a strategic imperative for global businesses, a trend underscored in these two special sections.