Businesses have always had to predict and manage risks. Those risks include the potential impact of extreme weather such as floods, storms and drought on a company's supply chain, power supply, and property.
But now companies must find a way to factor in the "instability ingredient" -- climate change -- which is likely to make weather more unpredictable, extreme -- and costly -- in the future.
I recently replied to a question on the National Journal blog: “Should international negotiators abandon the top-down multilateral system to confront climate change and find another way?”
You can ready other responses at the National Journal.
Here is my response: True enough, the Doha climate talks will produce no big breakthroughs. Compared to the last three conferences – Copenhagen, Cancún and Durban – Doha is indeed a pretty ho-hum affair.
That is no doubt disappointing to anyone still looking to the U.N. climate negotiations to deliver a quick, decisive response to the challenge of global climate change. In actuality, though, the diplomatic humdrum in Doha marks a long overdue shifting of gears that could, in time, produce a far more practical approach.
President Obama’s signature on a law authorizing the Secretary of Transportation to bar U.S. airlines from participating in the European Union’s emissions trading system underscores the urgent need for a global approach to reducing greenhouse gas emissions from the fast-growing aviation sector.
The new law is the latest salvo in an international brouhaha triggered by the EU’s attempt to regulate greenhouse gas emissions from flights to or from Europe. Dozens of countries, including the United States, protested the move as an affront to national sovereignty and a violation of international aviation agreements. The EU acted after years of talks within the International Civil Aviation Organization (ICAO) failed to result in a global agreement to reduce aviation emissions.
I recently got the chance to tag along with a group of journalism fellows on a tour of some oil sands production sites in Alberta, which is home to almost all of Canada’s oil sands reserves.
The Canadian oil sands are one of the biggest energy stories of our time. The good news is that this is a huge North American resource. Because of the oil sands, Canada now has the third largest oil reserves in the world, estimated at 175 billion barrels. The bad news is that extracting this oil can seriously harm the environment. Because of these environmental risks, many oppose the Keystone pipeline, proposed to expand the already significant imports of this oil from Alberta to the United States.
As we plunge into the holiday shopping season, take a minute to think about the things you can do to make searching for the perfect gift a little friendlier on the planet (and your wallet).
Here are nine ideas for making the holiday season a little greener and less stressful. Try one. And get more information on how you can save energy and help the planet at http://makeanimpact.c2es.org/