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April 17, 2007
The Business of Climate Change: Challenges and Opportunities
Waya Quiviger, Director of Special Projects
Developing a coherent vision of political, social and economic trends is essential for business leadership. The Global Affairs Forum 2007 provides students with an overview of some of the global issues that impact business decision-making. The objective is to explore the ways in which business leaders can help address these problems and effectively become part of the solution.
In this ongoing seminar, outstanding business, political, academic and civil society leaders engage with the students and together analyse current challenges, threats and opportunities such as global terrorism, environmental degradation, the rise of China, and the importance of social impact in business.
Today's Invited Speaker: John Llewellyn, Senior Economic Advisor, Lehman Brothers
In this unique lecture, Mr. Llewellyn will present his recently published report: The Business of Climate Change: Challenges and Opportunities. The publication first analyzes the hard scientific data about climate change, then explores the economic consequences of global warming and concludes with concrete examples of the impact climate change will have on different business sectors and industries. In Llewellyn’s own words: “Global warming is likely to prove one of those tectonic forces that gradually but powerfully changes the economic landscape in which business operate.” Those who seize the opportunity this represents will do well. Those that do not will be left behind.
Posted on 17 April 2007 in Environment, Corporate Responsibility, Social Entrepreneurship
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Comments
If the climate change becomes a business, we will be saved.
It is extremely interesting to make business from "good things".
Best regards!
Posted by: Habitaquo at April 28, 2007 12:39 AM
Making a business out of climate change will have a malign influence on landscapes, and on the cost of energy to the consumer, if driven purely by financial motives rather than by an objective need for power.
Observe the present insane situation in France, a nation able to export 45% of the power it generates, but whose government is allowing huge expenditure on wind farms. The only beneficiaries of this process are the owners of the land on which the turbines are installed, local goverment (by receipt of subsisides), the promoters of the projects and the equipment suppliers.
The public are disadvantaged by the appalling visual impact of these monsters on the local scene, and by the cost of the installations which will,increasingly, be added to their electricity bills.
No account appears to have been taken of the cost in enrgy consumption of the wind farms themselves, or of the carbon emmissions of the (non-nuclear) back-up power generation required to take up the slack when generation from wind does not meet the demand.
The whole process is completely unjustified in a country which does not need, and, for many decades to come, will not need, additional generation capacity.
How much better it would be if France stopped exporting electricity on the cheap to its neighbours but instead encouraged them to start creating their own alternative sources of power generation, as Britain has done and is doing.
It is high time the European Union took a hand in the matter and developed and enforce policies to reverse the current (no pun intended) treatment of electricity production and supply purely as a means of financial gain for a few, at a high and growing cost to consumers?
Please ask John Llewellyn to comment publicly on this
Posted by: Martin Nowers at September 20, 2007 11:45 AM
