Summary to essay on topic "Global warming - new business challenges"
Business operations relates to the human community and the environment we live in. Success of a business entity depends on the nature resources, socio economic conditions prevailing. Business operations are concentrated on enhancing or facilitating the human livelihood to new provisions…
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These losses are elevated in pollution and other devastating factors depleting the richness of these natural resources. Over exploiting will result in the extinct of these resources and loss of many diversified species. A flood, deludge whether is something which runs any business entitew into huge losses. Let us write or edit the essay on your topic "Global warming - new business challenges" with a personal 20% discount.. Try it now heat wave like the one that gripped Britain in 1995 led to losses of 1.5 billion pounds1(Swiss Re, Business week) A business entity which ignores the basic external factors will lead to failure. Environment consiousness should be considered along with the development
Global warming does reflect its adverse effects at places even far from places of pollution origin. Thus it reveals that the global warming issue is a concern for entire world but not for particular region. Business entities has to look into diversified and complex situations where in it will necessary to look in to issues like1 the demographic, economic conditions and the atmospheric conditions.
The main challenges put in front of any organization would be the investment into non-revenue generating entities, high initial investments, the business planning complexities, extra employees benefits, safety and security systems. Non revenue generating entities are the features added in a production or manufacturing unit to make the ambience more secure like the alarm and security systems, the greenery maintaining. High initial investments are required to install these specialized devices in an work environment and complex to maintain as th equipments and devices are specially configured. The employee benefits are necessary to put into to safe the employee interests and to avoid turnover frequently. The employee benefits include high insurance payments, compensation, rehabilitation, pensions and medical allowances etc.
Chapter-04: Case example-China coal industry
The devices like the solar energy systems are costly as the market for the devices is limited and the technicians are to be maintained separately for operating these devices. China a rapidly developing Asian country has enhanced its energy utility base to nearly three times. The usage of home appliances has pressurized the domestic power consumption. The main raw material for power generation is coal extracted from earth crust. Depending upon the quality of th2e coal extracted the efficiency of energy produced would alter. The coal as a raw material has extremely polluted which spreads far to the neighboring countries. The increase in global-warming gases from China's coal use will probably exceed that for all industrialized countries combined over the next 25 years, surpassing by five times the reduction in such emissions that the Kyoto Protocol seeksNew York times2. The carbon dioxide emanating from Chinese coal plants will last for decades, with a cumulative warming effect that will eventually overwhelm the cooling from sulfur and deliver another large kick to global warming. China being a the worlds most populous country needs huge energy resources, however the huge expanse of china has provided with some gifted reources which were squised to the extreems by the business entities. The utilization of coal has risen to an alarming concern effecting china and its neighboring count
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The fluctuations in the global temperatures occur naturally. However, has been it is realized that the average global temperatures are increasing at a higher rate. Simpson (2008) notes that for 10 years since 1990, the hottest years to be recorded occurred.
The impact of global warming is also apparent in our businesses and our government systems. This paper shall discuss and consider such effects and the challenges which governments and businesses face with the impact of global warming. Discussion Based on a report by Sir Nicholas Stern, a former World Bank economist, global warming may reduce the world’s annual economic output by as much as 20% (as cited by BBC News, 2006).
Some businesses however are inclined to follow the scientists who believe that climate change is not yet a threat, which presents a dilemma in itself. The idea however is the fact that governments around the world need to adopt policies and regulations that will specifically help to curb or revolutionize businesses from where the problem of climate change stems.
Air pollution is very damaging to the health of humans since it can cause respiratory diseases and reduce the life expectance of a person (Greenfacts, 2011). A problem that air pollution created is commonly referred to as global warming. Global warming can be defined as an increase in the earth’s atmospheric and oceanic temperature that occurs due to an increase in the greenhouse effect resulting from pollution (Merriam-webster, 2011).
Though warnings regarding the human produced cause of an accelerated greenhouse effect and the consequential catastrophic outcomes have been voiced for more than a century, global warming has just recently become a significant political discussion, at least in America.
Moreover, according to the same report, the global temperature has increased by 0.3°C to 0.6°C, which is in fact the “largest” increase in surface temperature in 1,000 years (“Global Warming,” Stanford). The greenhouse gases that cause global warming include carbon dioxide, methane, nitrous oxide, chlorofluorocarbons, and water vapor, but among these, carbon dioxide is the most pollutant and the one that is mainly responsible for the occurrence of global warming in the world (Collins).
The author explains that the rising of the sea level, the melting of icecaps and the global climatic changes are all the impacts of global warming. Global warming has influenced the business strategies as people try to reduce the greenhouse effect through efficient operations or energy conservations techniques.