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Rising Greenhouse Gas Emissions - Essay Example

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This paper “Rising Greenhouse Gas Emissions” will critically analyze the existing literatures on rising greenhouse gas emissions. Rising greenhouse gas emissions is core risks that lead to other environmental risks such as climatic changes, severe weather, and environmental degradation…
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Rising Greenhouse Gas Emissions
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Download file to see previous pages According to World Health Organization (2013), environmental risks also lead to climatic change, destruction of ozone layer, change in water system, destruction of natural resources and alternation of food producing system. This directly affect human being in form of drought and malnutrition due to climatic changes and water borne diseases due to flooding and lack of water. Sustainability is a major strategy to increase competitive advantage of business organization. Most companies are for sustainable business (D’Amato, Henderson and Florence 2009, P.1). This can be attained when an organization is concerned with the well being of all its stakeholders such as employees, shareholders, customers, suppliers and community. Governments are supporting organizations and other stakeholders in their effort to reduce and manage greenhouse gases emissions. GHG emission is a complex global risk that have both direct and indirect affects different stakeholders such as international organizations, businesses, education institutions, governments, non-governmental organizations and general public (World business solutions for sustainable development,  n.d.).Increase in GHG emission has been accompanied by decrease in absorption of the gases by sinks due to decreasing forest covers especially in developed countries (Creyts at el, 2007, P. xiii). There is need to mitigate GHG emission to reduce damages (Chichilnisky and Heal, 1993 P. 65). GHG emission reduction to sustainable can be achieved. through commitment of different goverments as indicated by Meinshausen at el (2009, P. 1158), where about 100 countries has committed to reduce emissions by the year 2050. GHG emission can through capital investment, changes in development patterns, investment in energy saving technology and innovation in new technology. These could reduce Greenhouse gases emission as well as management cost. USA is a major contributor of GHG emission with is annual emission expected to rise from 7.2 gigatons by 2005 to 9.2 gigatons by 2030 due to economic expansion, infrastructure development, use of non renewable energy (Creyts at el, 2007, P. xiii). GHG emissions of China are expected to rise until 2030 compared to USA due its economic growth but government regulation has mitigated these emissions (Leggett, 2011). These arguments have also been supported by International Transport Forum (2010), which indicates that developed countries like Germany, France and Japan has achieved GHG emission reduction despite their economic growth from 2008. UK has recorded decrease in Co2 emission since 1990 to 2012 ...Download file to see next pagesRead More
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