As if you didn’t have enough risks to worry about, now, as per this recent article in Industry Week on Climate Change Risk Management, you now have a new risk to worry about. If you don’t anticipate extreme weather events that can cause sudden and material damage to business assets, interrupt business operations directly, or disrupt key elements in transportation or support activities, then you might be sued by your investors for losses from your failure to disclose and anticipate those risks, just like American Electric Power Company was sued by the state of Connecticut. Right …
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August 15th, 2010 | Posted in Carbon GHG, Risk Management
A recent article in Knowledge @ Wharton Universia on phishing, bribery, and falsification: combating the complexities of carbon fraud provides a great argument on why cap and trade should be abandoned in favour of straight carbon taxes (and credits if the goal is to encourage corporations to be as efficient with carbon emissions as possible). According to the article, carbon trading systems, especially when coupled with lax Internet security and third party verification, pose a great opportunity for crooks who want to defraud honest companies out of millions of dollars. The first example the article gave was of …
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August 8th, 2010 | Posted in Carbon GHG, Finance, Fraud, sustainability
The November 9th print edition of Canadian Business had an article by Heather Li on “Charging Cars for Pennies …” that had an amazing calculation that, if it were more widely known, could totally change the way we look at smart cars. By using wasted power, smart grids can charge electric cars for 42 cents a night!Let’s see … in a fuel efficient car with gas prices at about $3 a gallon in the US and over $4 a gallon in Canada, you’re paying at least $30 in the US and at least $40 in Canada for a tank …
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December 20th, 2009 | Posted in Carbon GHG, Energy, sustainability
On November 24, 2009, California released a preliminary draft regulation for a cap-and-trade program, in accordance with the California Global Warming Solutions Act of 2006 (AB 32) for public review and comment. At 132 pages, it was a doozy. Most likely in an effort to minimize comments, the deadline for comments on the initial draft is January 11, 2010. In this post, we’re going to review some of the important points from sub-articles 8 through 15 and summarize the draft. SubArticle 8: Distribution …
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December 6th, 2009 | Posted in Carbon GHG, Compliance
On November 24, 2009, California released a preliminary draft regulation for a cap-and-trade program, in accordance with the California Global Warming Solutions Act of 2006 (AB 32) for public review and comment. At 132 pages, it was a doozy. Most likely in an effort to minimize comments, the deadline for comments on the initial draft is January 11, 2010. However, if you are really interested, a workshop to discuss the proposal is being held on December 14, 2009. The goal for the cap-and-trade program, which is being designed to …
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December 6th, 2009 | Posted in Carbon GHG, Compliance
Share This on Linked In As my long-time readers will recall, green and sustainability were major foci of this blog before they became popular topics among other bloggers. As a result, I’ve been following, and occasionally blogging about, carbon tariffs for years, which I expected to see more of in the [...]
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August 23rd, 2009 | Posted in Carbon GHG, sustainability
A recent article in The Guardian noted that the health risks of shipping pollution have been ‘underestimated’, to put it very lightly. A recent study by the Danish government’s environmental agency found that ONE giant container ship can emit the same amount of cancer and asthma-causing chemicals as 50 Million cars. That’s right … [...]
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April 21st, 2009 | Posted in Carbon GHG, Global Trade, Green, sustainability
In one of its final critical issues reports from 2008, CAPS addressed the topic of Green Corporate Strategies and how green issues will increasingly influence the actions of consumers, politicians, and other societal stakeholders as we move further into the 21st century. In addition to highlighting key issues in the establishment [...]
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February 15th, 2009 | Posted in Carbon GHG, Green
Supply Chain Consulting recently published a pair of white-papers on Carbon, Hype & Reality and Mastering Proactive Carbon Management, that provide a decent starting point for a company just starting down the path to addressing it’s carbon footprint and getting it under control. In Hype & Reality, Supply Chain Consulting cuts through [...]
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February 8th, 2009 | Posted in Carbon GHG, Green