Business

Environmental Law Institute: President Obama’s Climate Action Plan in the Near Term: Expectations, Risks, and Opportunities

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Elliot Diringer joins Dan Utech of the Obama Administration and Jennifer Smokelin of Reed Smith LLP to discuss the president’s Climate Action Plan. They will identify possible shortcomings and areas of emphasis. The panelists will also share their concerns about how the plan will be implemented and their views on risks and opportunities for businesses.

Elliot Diringer joins Dan Utech of the Obama Administration and Jennifer Smokelin of Reed Smith LLP to discuss the president’s Climate Action Plan. They will identify possible shortcomings and areas of emphasis. The panelists will also share their concerns about how the plan will be implemented and their views on risks and opportunities for businesses.

Panelists

David W. Wagner, Associate, Reed Smith LLP (moderator)
Elliot Diringer, Executive Vice President, Center for Climate and Energy Solutions
Jennifer A. Smokelin, Counsel, Reed Smith LLP
Dan Utech, Deputy Director for Energy and Climate Change, White House Domestic Policy Council

September 30, 2013
12:00 PM to 1:15 PM ET

Environmental Law Institute
2000 L Street NW, Suite 620
Washington, DC 20036

See a video of the ELI panel on Obama's Climate Action Plan.

Carbon Forum North America 2013

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L'Enfant Plaza Hotel. The Center for Climate and Energy Solutions is pleased to once again join Carbon Fortum, North America’s Sponsor, the International Emissions Trading Association (IETA), as the Program Sponsor, adding additional depth and breadth to the conference you cannot afford to miss.

Now in its third year, Carbon Forum North America has firmly established itself as the place to go to keep abreast of the latest thinking and developments in the North American carbon space—for policy wonks and market-players alike. Join policymakers, leading analysts, and practitioners for an in-depth look at some of the most critical topics in climate and energy – from forthcoming California-Quebec linking, the interaction between state programs and EPA action, progress on public private partnerships and climate finance, voluntary efforts among corporations, and the development of emissions trading systems around the world.

Center for Climate and Energy Solutions is pleased to once again join CFNA’s Sponsor, the International Emissions Trading Association (IETA), as the Program Sponsor, adding additional depth and breadth to the conference you cannot afford to miss.

Register now

Follow conference updates on Twitter @IETACFNA and #CFNA2013 and in our LinkedIn group

Business Resilience Webinar Series

 

C2ES is holding a series of free webinars from September-December 2013 to explore the case studies cited in our report, "Weathering the Storm: Building Business Resilience to Climate Change." To join us, click on the registration link for each webinar you wish to attend. Video and/or slides from each webinar will be posted shortly after its conclusion.

  • Building Business Resilience to Climate Change: Entergy
    September 11, Jeff Williams Director of Climate Consulting, Entergy.
    View slides here. Hear audio here.
  • Planning for Resilience
    September 25, Joe Casola, Staff Scientist and Director for Science and Impacts at C2ES.
    View slides here. See video here.
  • Building Business Resilience to Climate Change: Weyerhaeuser
    October 16, Sara Kendall, Vice President Corporate Affairs & Sustainability, Weyerhaeuser Company.
    View slides here. See video here.
  • Building Business Resilience to Climate Change: The Hartford
    October 30, Jay Bruns, Vice President for Public Policy, The Hartford.
    View slides here
    . See video here.
  • NEW: Building Business Resilience to Climate Change: American Water
    November 13, Dr. Mark LeChevallier, Director of Innovation & Environmental Stewardship, American Water.
    View slides here. See video here.
  • NEW: Building Business Resilience to Climate Change: Rio Tinto
    December 4, Sue Lacey, Principal, Climate and Energy, Rio Tinto.
    View slides here
    .

Clone of Weathering the Storm: Building Business Resilience to Climate Change

Businesses face growing threats from extreme weather and climate change: damage to facilities, loss of water or power supplies, higher costs, and disruption of supply and distribution chains.

In a major report, Weathering the Storm: Building Business Resilience to Climate Change, C2ES provides a detailed snapshot of the state of resilience planning among a cross-section of global companies and outlines steps companies can take to better assess and manage their growing climate risks.

Click above to see our infographic, with key takeaways

Click here to view the infograohic as a PDF

The report includes a comprehensive review of resilience practices among S&P Global 100 Index companies and detailed case studies of six companies in diverse sectors: American Water, Bayer, The Hartford Group, National Grid, Rio Tinto and Weyerhaeuser.  It also draws on input from a technical workshop with representatives of a wide range of industries.

Key Findings:

  • Ninety percent of S&P Global 100 Index companies identify extreme weather and climate change as current or future business risks.
  • Almost two-thirds (62 percent) say they are experiencing climate change impacts now, or expect to in the coming decade.
  • Companies are most concerned about the direct impacts of extreme weather on property, production and supplies, and indirect impacts on operational costs, such as higher prices for commodities or insurance.
  • Most companies are managing these risks through existing business continuity and emergency management plans. Only a few have used climate-specific tools to comprehensively assess risks.
  • Most companies (75 percent) also see new opportunities from a changing climate, including drought-resistant crops, storm-resistant building materials, and weather-related insurance products.

Recommendations:

  • Create a clearinghouse for reliable, up-to-date data and analytical tools. Companies need user-friendly, localized projections of climate changes and models that link projections to impacts that matter most.
  • Invest in public infrastructure resilience. Roads, bridges, ports, and other public resources used to transport goods and services to market must withstand extreme weather and climate impacts.
  • Consider resilience needs in regulation. Companies in regulated sectors, such as water, electricity, and insurance need regulators to be forward-looking and open to companies making the case for more spending
    s
    on resilience.
  • Set up voluntary, public-private partnerships.  Bring together government and business expertise to improve resilience planning.
 


 

Additional Resources:

 

C2ES would like to acknowledge Bank of America for its collaboration and generous financial support.

 

 

 

Business Resilience

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Text: 
Leading global companies see extreme weather and other climate change impacts as current or near-term business risks. “Weathering the Storm: Building Business Resilience to Climate Change,” takes a close look at the state of resilience planning among global companies.
Text Location: 
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Weathering the Storm: Building Business Resilience to Climate Change

Businesses face growing threats from extreme weather and climate change: damage to facilities, loss of water or power supplies, higher costs, and disruption of supply and distribution chains.

In a major report, Weathering the Storm: Building Business Resilience to Climate Change, C2ES provides a detailed snapshot of the state of resilience planning among a cross-section of global companies and outlines steps companies can take to better assess and manage their growing climate risks.

Click above to see our infographic, with key takeaways

Click here to view the infographic as a PDF

The report includes a comprehensive review of resilience practices among S&P Global 100 Index companies and detailed case studies of six companies in diverse sectors: American Water, Bayer, The Hartford Group, National Grid, Rio Tinto and Weyerhaeuser.  It also draws on input from a technical workshop with representatives of a wide range of industries.

Key Findings:

  • Ninety percent of S&P Global 100 Index companies identify extreme weather and climate change as current or future business risks.
  • Almost two-thirds (62 percent) say they are experiencing climate change impacts now, or expect to in the coming decade.
  • Companies are most concerned about the direct impacts of extreme weather on property, production and supplies, and indirect impacts on operational costs, such as higher prices for commodities or insurance.
  • Most companies are managing these risks through existing business continuity and emergency management plans. Only a few have used climate-specific tools to comprehensively assess risks.
  • Most companies (75 percent) also see new opportunities from a changing climate, including drought-resistant crops, storm-resistant building materials, and weather-related insurance products.

Recommendations:

  • Create a clearinghouse for reliable, up-to-date data and analytical tools. Companies need user-friendly, localized projections of climate changes and models that link projections to impacts that matter most.
  • Invest in public infrastructure resilience. Roads, bridges, ports, and other public resources used to transport goods and services to market must withstand extreme weather and climate impacts.
  • Consider resilience needs in regulation. Companies in regulated sectors, such as water, electricity, and insurance need regulators to be forward-looking and open to companies making the case for more spending on resilience.
  • Set up voluntary, public-private partnerships.  Bring together government and business expertise to improve resilience planning.

Additional Resources:

C2ES would like to acknowledge Bank of America for its collaboration and generous financial support.

 

Video of our July 17, 2013, launch event

Introduction and high-level discussion

Discussion on emerging business resilience practices

 

Video of our Sept. 23, 2013, event at Climate Week NYC

Opening Remarks

Discussion
Company Prespectives: Managing Climate Risk

 

Video of our Nov. 18, 2013, side event at the UN climate talks in Warsaw

 

Report Launch: Weathering the Storm: Building Business Resilience to Climate Change

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The Center for Climate and Energy Solutions (C2ES) releases a new report, "Weathering the Storm: Building Business Resilience to Climate Change," which explores the extent to which companies consider their vulnerabilities to a changing climate, and how those considerations may be incorporated into business planning and decision-making. C2ES President Eileen Claussen will lead a CEO-level conversation and Janet Peace, C2ES Vice President for Market and Business Strategies, will lead a discussion of individual case studies. 

Weathering the Storm: Building Business Resilience to Climate Change

July 17, 2013 | Washington, DC

Welcome
Eileen Claussen
President, Center for Climate and Energy Solutions

Panel I: Extreme Weather and Climate Change: Growing Risks to Business

Jeffry E. Sterba
President & Chief Executive Officer, American Water

Thomas B. King
Executive Director & President, National Grid US

Moderated by:
Eileen Claussen
President, Center for Climate and Energy Solutions

Panel II:  Emerging Business Practices in Building Resilience

Jeff Williams
Director of Climate Consulting, Entergy

Jay Bruns
Vice President for Public Policy, The Hartford

Jeffrey Hopkins
Policy Adviser, Economics & Environment, Rio Tinto

Sara Kendall
Vice President Corporate Affairs & Sustainability, Weyerhaeuser Company

Moderated by:
Janet Peace
Vice President for Market and Business Strategies, Center for Climate and Energy Solutions


Wrap-up 

Janet Peace
Vice President for Market and Business Strategies, Center for Climate and Energy Solutions

Conservatives debate a carbon tax

The discussion of a carbon tax continues. Conservatives met recently in Washington, D.C., to debate the mertis of a carbon taxt at an event hosted by the R Street Institute and the Heartland Institute, featuring representatives with opposing viewpoints from four conservative think tanks.

A 2013 C2ES brief found that a carbon tax was one way to put a price on carbon emissions, reduce greenhouse gas emissions, and raise significant revenue for the federal government. A tax starting at about $16 per ton of carbon dioxide (CO2) in 2014 and rising 4 percent over inflation per year would raise more than $1.1 trillion in the first 10 years, and more than $2.7 trillion over a 20-year period. This revenue could fund a wide range of things, including deficit reduction, a reduction in statutory corporate income tax rates from 35 percent to 28 percent (often cited as a goal by both conservatives and liberals), and research and development into low-emitting technology.  Importantly, such a carbon tax could also reduce CO2 emissions by 9.3 billion tons over 20 years.

Video: What BELC companies are saying about climate and energy

The Business Environmental Leadership Council (BELC) is the largest U.S.-based group of companies focused exclusively on advancing climate and energy solutions. The 33 members together represent over $2 trillion in revenue and 3 million employees, and span a diverse range of sectors including electric power, chemicals, manufacturing, high technology, financial services, metals and mining, oil and gas, and transportation. Since the Council's inception in 1998, BELC member companies have consistently demonstrated their commitment to taking action on climate and energy issues.

Watch the videos below to hear more about what BELC member companies are doing to address our nation's climate and energy problems.

 

Hewlett-Packard

Sustainability in HP’s operations
John Hinshaw, Executive VP, Technology and Operations, highlights how technology and initiatives can help HP and its customers succeed while taking care of the environment.
 

 

HP Project Moonshot
See how HP is defining disruption with the introduction of HP Moonshot.
 

 

Perspective by Eileen Claussen
Eileen Claussen, President of C2ES, describes how technologies such as HP’s Managed Print Services make business sense while also benefiting the planet.
 

 

HP Labs Net-Zero Energy Data Center
Cullen Bash, Interim Director, Sustainable Ecosystems Research Group, HP Labs, demonstrates that it's a reality to power data centers with renewable energy or micro grids.
 

 

University of Iowa: Information Technology Facility
With the help of HP Critical Facilities Services, the University of Iowa designed and built a LEED platinum-certified data center that combines business and environmental performance.

 

 

Johnson Controls, Inc.
 

Empire State Building Saves Millions with Energy Efficiency
One year after an innovative building retrofit project, the Empire State Building is ahead of plan and has exceeded its year one energy-efficiency guarantee by five percent, saving $2.4 million and establishing a commercial real estate model for reducing costs, maximizing return on investment, increasing real estate value, and protecting the environment.

 

 

NRG Energy
 

See What NRG is doing to move clean energy forward
Learn about NRG's commitment to providing a healthier energy future with wind, nuclear, solar and biomass, and its pioneering work making the EV movement a reality.

 

 

Shell
 

More Energy, Less CO2
Demand for energy is growing incredibly fast. Meeting it while limiting CO2 emissions is a global challenge. But the world can make choices now to help achieve this. One approach is to use more natural gas, the cleanest-burning fossil fuel, instead of coal. Another vital step is developing carbon capture and storage technology, which captures CO2 emissions emitted by power plants and industry and stores them safely underground. Out on the road, more efficient cars and low-carbon biofuels offer the most practical way to reduce vehicle emissions. Shell is working on all of these areas and using its expertise to help meet customer needs into the future.
 

 

Understanding Carbon Capture and Storage
Howard Herzog a senior research engineer from MIT explains what carbon capture and storage (CCS) is and why it has such a vital role in addressing energy and climate change.
 

 

Shell’s Quest Carbon Capture and Storage Project
Shell's proposed Carbon Capture and Storage Project, called Quest, will capture more than one million tonnes of CO2 per year from the Scotford Upgrader in Alberta, Canada and store it deep underground, beneath several layers of impermeable rock layers. The Quest Project will be the first CCS Project to be implemented at an oil sands upgrading operation.
 

 

Carbon capture storage: Innovative technology to meet the energy and climate change challenges
What is carbon capture and storage (CCS) and how important could it be to tackling climate change? Leading scientists, academics, environmentalists and business leaders discuss the need for CCS. The film features experts from Imperial College London, Stanford University, the Climate Institute, the Bellona Foundation and Shell.
 

 

Quest CCS Project: Reducing CO2 emissions from Shell's Athabasca Oil Sands Project
Carbon Capture and Storage technology, or CCS, has been identified as one of the most promising technologies to make a significant contribution to worldwide efforts to mitigate climate change by reducing emissions from large industrial facilities. Beginning in 2015, Shell's Carbon Capture and Storage Project, called Quest, will capture more than one million tonnes of CO2 per year from the Scotford Upgrader in Alberta, Canada and store it deep underground, beneath several layers of impermeable rock layers. The Quest Project will be the first CCS Project in the world to be implemented at an oil sands upgrading operation. View this short animation to find out how the Quest Project will use existing technologies used in the oil and gas industry for decades to: capture, transport and inject CO2 safely and permanently more than two km underground. 
 

 

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