With the effects of the financial crisis of 1997 behind it, the Korean motor industry is experiencing rapid growth both at home and abroad. Global Emissions Management assesses the Korean car market and the implications for the emissions management sector.
A 3-scope emissions solution
In September, Bullfrog Power launched the availability of green fuel for businesses across Canada. Bullfrog Power’s green fuel is an earth-friendly, renewable alternative to liquid fossil fuel, allowing climate-conscious businesses in Canada to reduce the environmental impact of their transportation. By combining Bullfrog Power’s green natural gas, green electricity and green fuel products, businesses are now able to address their scope 1, 2 and 3 emissions with a comprehensive green energy solution....
When companies track their climate emissions
Voluntary greenhouse gas accounting has become common in the private sector, but is it helping? Ten years ago, as part of a sustainability initiative, Walmart decided to take a look at its greenhouse gas emissions. The retail giant not only tallied up the carbon footprint of its trucking fleet and supersize stores, it also set out to quantify the greenhouse gas emissions associated with the countless products offered on its shelves. With the help of the Environmental Defense Fund, the company calculated that...
Aviation is the key to reducing climate emissions
Strong leadership by an industry that understands risk well could provide the nudge we all need to get on board. In his State of the Union speech last week, President Obama spoke movingly about addressing climate change. But frankly, the United States government has not yet moved the needle. In fact, the world today is fiddling while future humans are being made subject to worst-case scenarios we have not even thought about. Although we may not admit it publicly, or even to ourselves, every sane person understands...
Water markets as a response to scarcity
Existing water governance systems are proving to be quite ineffective in managing water scarcity, creating severe risk for many aspects of our societies and economies. Water markets are a relatively new and increasingly popular tool in the fight against growing water scarcity. They make a voluntary exchange possible between interested buyers and sellers of water rights. This paper presents direct evidence from seven water markets around the globe to document key economic and ecological challenges and achievements...
Market structure and the enforcement of emissions taxes
This paper presents a theoretical analysis of the nature of an optimal emissions tax when firms’ emissions are not perfectly observable, specifically in two types of market structure: perfect competition and Cournot competition with and without free market entry. The purpose is to examine how the optimal tax is affected by enforcement costs and the market structure. We find that market imperfections and enforcement costs push the optimal tax lower than the marginal damage to society when the number of firms in...