In Early June The Economist featured a cover story entitled, “Cleaning Up: A 15-page report on how business is tackling climate change.” The report included several articles on how big companies are going green and why. The report discussed that the driving force toward green energy is not just moral pressure, but there is growing economic pressure as well. In spite of the current interest in greenhouse-gas emissions, emissions are continuing to rise:
“If greenhouse-gas emissions are to be stabilized, then the carbon price or the support mechanism for clean energy, or both, will have to rise or be adopted worldwide, or both. And if that happens, the returns on clean-energy investment will increase even further and the companies that have already invested in such businesses will have a head start over those that have not.”
Therefore, customers, businesses and governments are realizing solving the climate change problem will provide new markets, technologies, business, and money to be made.
The Economist report featured:
- “Trading thin air: The carbon market is working, but not brining forth as much innovation as had been hoped.”
SSC can help your organization understand what these new developments means for your organization and can assist your business in navigating the carbon market.