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How Will a Carbon Border Tax Affect Your Investments?

South Carolina Business Review
SC Public Radio

The new administration in Washington is bringing a renewed focus on climate change to the table and our next guest says investors may want to know a little bit more about one proposal known as Carbon Border Adjustments or as these will more likely be known, the Carbon Border Tax.

Mike Switzer interviews Peter Nielsen, a chartered financial analyst and a professor of finance at Anderson University in Anderson, SC. He is also a member of the SC Chapter of the CFA Society.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.