Purpose - This paper sets out to tackle the issue of climate change from a business perspective. It seeks to discuss why it is important to take climate change considerations into account in business decisions, how this can be done and what further action is required from managers and business scholars.
Design/methodology/approach - The paper describes ways of reducing emissions and adapting to climate change that can be implemented by any business. As an illustration, the proposed climate strategy of a large European utility company, RWE, is provided.
Findings - There are numerous ways to reduce emissions within business operations, along the supply chain and surrounding product usage and disposal. Climate-proofing operations is also becoming increasingly pertinent to businesses.
Research limitations/implications - New ways have to be found yet in order to take emission reductions to a more ambitious level by altering patterns of production and consumption.
Practical implications - The paper discusses how businesses can reduce their carbon footprint and anticipate changes in the physical and political environment related to climate change.
Originality/value - The paper is of value to managers who, today, are expected not only to reduce emissions from operations, but also to gain an awareness of the physical, political and social risks stemming from the impacts of climate change.
While the number of projects under the Clean Development Mechanism (CDM) is expanding rapidly, there currently are relatively few transport projects in the global CDM portfolio. This article examines existing CDM transport projects and explores whether sectoral approaches to the CDM may provide a better framework for transport than the current project‐based CDM. We ask: Would a sectoral approach to the CDM promote the structural change and integrated policymaking needed to achieve sustainable transport policy, making it hence more desirable than the framework of the current project‐based CDM? We conclude that it is possible to design sectoral transport activities within clear project boundaries that fit into a framework of a programmatic or policy‐based CDM. Although we are able to ascertain that transport policy research yields several modelling tools to address the methodological requirements of the CDM, it becomes apparent that sectoral approaches will accentuate transport projects' problems regarding high complexity and related uncertainties. The CDM may need new rules to manage these risks. Nonetheless, sectoral approaches allow the scaling up of activities to a level that affects long‐term structural change.
The barriers to linking greenhouse gas cap-and-trade schemes are assessed, based on an analysis of existing and emerging trading schemes, including those in the USA, Japan, Australia, New Zealand and the EU. The feasibility of different forms of linking and the time frames for their implementation are examined. In particular, the barriers to direct bilateral linking are considered. It was found that only a few direct bilateral links will be viable in the short term, due to the divergent policy priorities of different nations and regions, reflected in critical design features, such as costcontainment measures. However, in the short term, cap-and-trade markets will very likely be indirectly linked via unilateral links to the CDM or new crediting mechanisms, which may be adopted within a successor treaty to the Kyoto Protocol. In order to ensure a harmonization of critical design elements in the mid to long term, early institutional cooperation may become necessary. Necessary policy steps and the appropriate institutional framework for such harmonization and, overtime, further integration of trading schemes are briefly delineated.
This paper presents the strategy for a large EU-funded Integrated Project: EXIOPOL ("A New Environmental Accounting Framework Using Externality Data and Input-Output Tools for Policy Analysis"), with special attention for its part in environmentally extended (EE) input-output (IO) analysis. The project has three principal objectives: (a) to synthesize and further develop estimates of the external costs of key environmental impacts for Europe; (b) to develop an EE IO framework for the EU-27 in aglobal context, including as many of these estimates as possible, to allow for the estimation of environmental impacts (expressed as LCA themes, material requirement indicators, ecological footprints or external costs) of the activities of different economic sectors, final consumption activities and resource consumption; (c) to apply the results of the work to external costs and EE I-O for illustrative policy questions.
Der Ölpreis wird von zahlreichen Faktoren beeinflusst. Die OPEC spielt bei der Preisbildung derzeit nur eine geringe Rolle. Ein Peak Oil wird die Ölpreise stark beeinflussen und zahlreiche Ausweichdynamiken in Gang setzen, die in ihrer Struktur und Quantität bisher jedoch meist unverstanden sind. Ein ökonomischer Ansatz zu deren Bewertung greift aufgrund vorliegender nicht-ökonomischer Hemmnisse zu kurz. Eine Folge von Rohstoffverknappungen ist eine steigende Energieunsicherheit auf globaler Ebene. Daher ist ein grundsätzlicher Umbau der heutigen Versorgungsstrukturen geboten, um in Zukunft besser gegen strukturelle Unsicherheiten gerüstet zu sein.
More and more countries are incorporating the instrument of emissions trading into their national climate policies. This emerging mosaic of emissions trading schemes (ETS) raises the question of whether they should be linked with each other. From an economic point of view, linking of domestic schemes is supposed to increase the economic efficiency of carbon markets. In addition, linking is also expected by some to yield substantial political benefits in terms of the evolution of the UNFCCC/Kyoto regime. However, these optimistic prospects are based on a best-case scenario where all major countries establish environmentally effective emissions trading systems and then link them with each other. Real-life politics might develop rather differently. This paper therefore examines to what extent the current status of emissions trading in industrialised countries provides a basis for reinforcing and moving forward the international climate regime through linking domestic ETS. After comparing emerging emissions trading schemes from an institutional perspective, it emerges that not only emissions trading is at a very early stage in most countries, in addition the emerging systems are probably going to be designed very differently from the EU ETS. While for some design features such as the coverage design differences do not matter, there are some areas where the plans in many non-EU countries look crucially different from the EU system. The outlook for a linked international ETS is therefore currently still very uncertain. Given this state of affairs, the EU should pro-actively engage with the non-EU countries to try to harmonise their developing national emissions trading schemes with the EU ETS, widely disseminate the lessons it has learned from the EU ETS, strongly make the case for environmental integrity and at the same time make clear that systems that want to link to the EU ETS will need to meet certain quality criteria.
The current emissions trading debates in the EU and the USA were examined and the prospects for creating a transatlantic carbon market were analysed. A future US Emissions Trading Scheme (US ETS) may be designed very differently from the EU ETS, raising questions of compatibility. Crucial differences relate to the stringency of targets, the recognition of offsets, and price control mechanisms. These differences flow directly from the different policy and economic perspectives on emissions trading and climate policy in the USA and the EU. The two sides should therefore seek a way forward that reconciles potentially different climate policies. For example, the USA and the EU should consider an effort to harmonize carbon prices, and US legislation could phase out cost-containment mechanisms after some time period. Finally, both US and EU policies should have mechanisms that allow periodic recalibration, which would allow each to adjust to new technology, react to developing-country climate policies, and learn from each other. In the longer term, this would allow both sides to strive for greater policy convergence, either through linked trading systems, harmonized prices, or a transition from harmonized prices to linkage.
Finanzmärkte und Klimasystem haben eines gemeinsam: Sie sind Gemeingüter, wurden aber übernutzt wie die sprichwörtliche Gemeindewiese. Sie sollten allen zugutekommen, wurden jedoch nach dem Recht des Stärkeren zur Bereicherung weniger missbraucht. Damit sich das in den jetzigen Krisen nicht wiederholt, müssen die Industrieländer sicherstellen, dass die staatlichen Mittel, die sie für die Bankenliquidität mobilisieren, zugleich für klimapolitische Projekte eingesetzt werden. Bisher jedoch geschieht das Gegenteil: Unsere Wirtschaftsordnung lädt die (Finanz-) Marktakteure geradezu ein, die öffentlichen Güter auszubeuten.
A model of the use of the platinum group metals (PGMs) platinum, palladium, and rhodium in Europe has been developed and combined with a model of the environmental pressures related to PGM production. Compared to the base case presented in Part I of this pair of articles, potential changes in PGM production and use are quantified with regard to cumulative and yearly environmental impacts and PGM resource use, for the period 2005–2020. Reducing sulfur dioxide (SO2) emissions of PGM producer Norilsk Nickel could cut the cumulative SO2 emissions associated with the use of PGMs in Europe by 35%. Cleaner electricity generation in South Africa could reduce cumulative SO2 emissions by another 9%. Increasing the recycling rate of end-of-life catalytic converters to 70% in 2020 could save 15% of the cumulative primary PGM input into car catalysts and 10% of the SO2 emissions associated with PGM production. In 2020, PGM requirements and SO2 emissions would be, respectively, 40% and 22% lower than the base case. Substituting palladium for part of the platinum in diesel catalysts, coupled with a probable palladium price increase, could imply 15% more cumulative SO2 emissions if recycling rates do not increase. A future large-scale introduction of fuel cell vehicles would require technological improvements to significantly reduce the PGM content of the fuel cell stack. The basic design of such vehicles greatly influences the vehicle power, a key parameter in determining the total PGM requirement.
Pit stop Poznan : an analysis of negotiations on the Bali action plan at the stopover to Copenhagen
(2009)
This paper analyzes the international climate negotiations that took place at the 14th Conference of the Parties to the UNFCCC (COP) and the 4th Meeting of the Parties to the Kyoto Protocol (CMP) held in Poznan, December 1–12, 2008. It works out the main issues at stake in the negotiations, contrasts divergences in interests amongst negotiating Parties, and summarizes the main results achieved in Poznan. Furthermore, it contextualizes the Poznan negotiations within the broader political and economic context, which has shaped climate policy making throughout 2008. The paper ends with an outlook on the tasks ahead in 2009, until the next COP/CMP in December 2009 in Copenhagen.
Global climate
(2009)
CO2-Abscheidung und -Lagerung bei Kohlekraftwerken : kein Beitrag zur Lösung des Klimaproblems
(2009)
Kohlekraftwerken nachgeschaltetes Carbon Dioxide Capture and Storage (CCS) dominiert die Debatte um CCS - zu Unrecht. Die Förderung dieser Anwendung torpediert den Übergang zu einem klimaneutralen Energiesystem: Sie schafft Anreize, weiter in die Kohleverstromung zu investieren und sie bedingt Wettbewerbsvorteile gegenüber Strom aus erneuerbaren Quellen. Dabei verursacht die Technologie aufgrund des Energieaufwands zur CO2-Abscheidung hohe Treibhausgasemissionen: Somit kann sie kein Element zur Lösung des Klimaproblems sein. Selbst ob und wie stark sie zur Emissionsminderung beiträgt, ist strittig - und hängt von der Wahl der Systemgrenzen ab.
This paper argues that Entertainment-Education (E-E) is a striking communication strategy for reaching middle and lower socio-economic classes with climate-friendly lifestyle messages. On the international level (e.g. in the US and the Netherlands) E-E approaches are being theoretically grounded, whereas in Germany they are not yet. Therefore further theoretical discussion and mapping of E-E approaches is central for future research. As a first step towards providing further theoretical foundations for E-E in the field of sustainability, the authors suggest a threefold mapping of E-E approaches. The threefold mapping of E-E approaches for communicating climate-friendly lifestyles to middle and lower class consumers is based on recent results from academic research and practical developments on the media market. The commonalities among the three is that they all promote pro-sustainability messages in an affective-orientated rather than cognitive-orientated, factual manner. Differences can be found in: the sender of the sustainability message, the targeted consumer groups and the media approach in use. Based on this, the paper draws the conclusion that two new paths for further research activities in the field of Entertainment-Education can be proposed: (1) Improving the existing approaches in practice by using theoretical foundation from the E-E field. This comprises at its core (A) to do formative, process and summative effect research on the messages and (B) to use E-E theory from the field of social psychology, sociology and communication science for further improvement and (2) Generating new E-E theories by analyzing the existing practical approaches in the media to communicate climate change.
Entertainment-Education (E-E) ist eine Kommunikationsstrategie, die unterhaltende und bildende Elemente in Medienbotschaften integriert. Dieser Artikel zeigt, wie die "Unterhaltungsseite" und die "Bildungsseite" in den Niederlanden und den USA zusammen gebracht werden, um gesellschaftliche Gruppen zu erreichen, die auf eine emotionale Art der Informationsvermittlung ansprechen. Es wird diskutiert, was diese Modelle für die Entwicklung und Umsetzung von Entertainment-Education in Deutschland bedeuten könnten.
Die Vision einer klimafreundlichen zukünftigen energetischen Nutzung von Wasserstoff ist untrennbar mit dessen Erzeugung auf der Basis von regenerativer Energie verknüpft. Für einen Übergangszeitraum kann der Rückgriff auf anderweitig in Industrieprozessen erzeugten Wasserstoff einschließlich vorhandener Infrastrukturelemente sinnvoll sein. Nordrhein-Westfalen bietet hierfür mit dem Rhein-Ruhr-Raum besonders günstige Voraussetzungen und verfügt über zahlreiche Standorte, die sich für energetische Pioniernutzungen von Wasserstoff anbieten. Der Beitrag verknüpft die Erhebung der verfügbaren Wasserstoffmengen in NRW mit der Modellierung des Aufbaus einer Wasserstoffinfrastruktur in NRW und stellt dabei die besondere Ausgangslage des Bundeslandes heraus.
Energy efficiency is a national priority for China as rapid energy consumption growth aggravates its greenhouse gas emissions, local air pollution and energy scarcity. In the 1990s, a large number of voluntary agreements emerged in industrialised countries in order to improve industrial energy efficiency. These experiences are now taken into account in China. This article analyses the drivers for voluntary agreements on industrial energy efficiency in China, based on a case study of three enterprises in Nanjing, Jiangsu Province. Furthermore, the article reviews the institutional set-up of energy policy and investigates the pertaining policy culture. From the findings, conclusions are drawn on the role of voluntary agreements within China's larger policy context. We conclude that opposed to avoiding stricter regulation, voluntary agreements in Nanjing are reinterpreted in view of more stringent national provisions on energy efficiency in the 11th Five Year Plan. Hence, agreements have evolved into an implementation tool of national policy at the local level. For industry, another major driver for participation was identified as improving its relations with local authorities. Voluntary agreements showed to have the potential to overcome traditional constraints of implementing top-down policies at the local level in China.
The global land area required to meet the German consumption of agricultural products for food and non-food use was quantified, and the related greenhouse gas (GHG) emissions, particularly those induced by land-use changes in tropical countries, were estimated. Two comprehensive business-as-usual scenarios describe the development corridor of biomass for non-food use in terms of energetic and non-energetic purposes. In terms of land use, Germany was already a net importer of agricultural land in 2004, and the net additional land required by 2030 is estimated to comprise 2.5–3.4 Mha. This is mainly due to biofuel demand driven by current policy targets. Meeting the required biodiesel import demand would result in an additional GWP of 23–37 Tg of CO2 equivalents through direct and indirect land-use changes. Alternative scenario elements outline the potential options for reducing Germany's land requirement, which reflect future global per capita availability.