Understanding the business implications of greenhouse gas emissions

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Introduction

Much has been written over recent years about climate change,greenhouse gases (GHGs) and more recently the proposed control measures of Climate Change Levy (CCL) and carbon taxes. Most of this has looked at the scientitic aspects of climate change and the macroeconomics of the embryonic government instruments intended to reduce GHG emissions. This paper will focus more on the practical issues for individual UK businesses in understanding whether this represents an opportunity or a threat and how a business can gain value from understanding its position. The paper condudes with a summary of the actions that companies will need to undertake ┬┐and the available tools and assistance.

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