Tuesday, April 29, 2008

Climate Change - How your company can profit from it


How your company can profit from it—and help at the same time

Let's capitalize on climate change. No, we're not talking about exploitation. We're talking about embracing the issue, and responding to it within your company. If you do that, you will be helping the planet.

Right now, we live in a fossil fuel-based economy. Any alteration to the cost of those resources—both as sources of energy and as raw materials—will alter the competitive dynamics of nearly all sectors of the economy. Most observers believe that new regulations are pending that will create a market price for carbon. This will affect energy pricing and availability, creating a ripple effect throughout global value chains. And as in any market shift, there will be both risks and rewards, winners and losers, and no industry will remain untouched.

Myriad companies have capitalized on the increased visibility and forthcoming regulation of greenhouse gas (GHG) emissions by offering a suite of new products and services for a low-carbon economy. GE, for one, began its Ecomagination campaign in 2005.

See full Article.