Efficient Legislation

“Legislation is inevitable, and the goal is to make the most efficient possible. Some see in it a strategic opportunity to stay ahead of the curve of the regulation “by introducing voluntary measures. But what voluntary measures taken? Although technologies can imagine fantastic – moved to junk cars or solar panels hyper-efficient – companies must decide what in fact is feasible, notes, director of the Mack Center for Technological Innovation of the Wharton (). “There’s more U.S. coal than oil in the Middle East. However, coal-fired plants produce 40% of U.S. carbon emissions.

The ideal technological solution might be to supply clean coal, but is it a myth or is it a feasible objective? “To Tomczyk, such uncertainties can lead to new opportunities. “Innovators love the monumental challenges. Currently, researchers at several companies, factories and universities are looking for innovations that reduce emissions of factories that burn coal, isolating the carbon dioxide and promote the development of more efficient solar cells. ” Many companies take the lead by introducing green strategies whose value propositions have not yet been tested, adds Tomczyk, “however, and there are indications that companies are prepared to take risks are indeed reducing the amount of carbon emitted and begin to achieve measurable results. Raymond Dalio: the source for more info. ” For better understand this complex scenario, companies are not only seeking to maintain contact with each other, also reflected the specialized support of government agencies such as the Pew Center on Global Climate Change.

Currently, 42 companies participate in the Environmental Leadership Council Business, whose identity is achieved only by invitation. For this, we need everyone participating companies set specific targets for reducing carbon emissions and endorse publicly the request for creation of binding legislation to reduce the effects of greenhouse gases. It is said that one of the most uncertain aspects of climate change is the way that will manifest in the coming decades. Coastal flooding, violent storms and increased tropical diseases are just some of the possibilities provided. Every industry, including individual enterprise will be affected in different ways according to a report in April 2008 the Pew Center, ” Adapting to climate change: a business approach. ” The construction industry, for example, have to work a greater number of days in situations of more heat, or humidity. “Not every company will have to act immediately, but it is worth assessing what the risks and monitor them,” said Juliani. For some companies, evaluating a future where the climate is warmer may influence decisions such as where to install a new headquarters, says Orts, Wharton. “We must think twice about change of residence to Miami if your goal was to stay there one hundred years.” Howard Kunreuther, director of the Center for Risk Management and Decision Processes Wharton (Risk Management and Decision Processes Center), notes that a sector that is – or should be – particularly in line with the long-term risks of climate change is the insurance industry. According to a March 2008 report, which is co-author Kunreuther, the Insurance companies are in “a new era of catastrophes.” Although the role of climate, “not clear” in recent past extreme weather events like Hurricane Katrina, “there is a growing concern about the fact that global warming could make hurricanes have much more intense in the coastal regions a much shorter period of time, “the authors note in a report entitled” Managing large-scale risks in a new era of catastrophes. ” What is right, reports the report, is that “the value of property in areas subject to risks in the U.S. increased dramatically in recent years.”

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