17 May '12, 12pm

How your firm can adjust as energy gets more & less carbon-intensive

How your firm can adjust as energy gets more & less carbon-intensive

Recently, Bank of America and Citigroup were both labeled the "greenest " banks at the same time another group called them the "filthiest ." The first name was for investing in clean energy and reducing emissions from operations, while the latter was for providing financial support to carbon-intensive energy such as coal. In a similar vein, a survey of boom industries shows that one of the top areas for growth in the economy is renewables. And oil and gas. And unconventional energy production such shale drilling. What can we take away from this jumble of signals? The energy sector is growing on all sides, with nearly US$40 trillion in infrastructure being developed to meet global energy demand, which is on track to rise 40 percent by 2030. As a result, energy -- which is already directly responsible for more than 60 percent of carbon emissions -- is getting more and less c...

Full article: http://www.greenbiz.com/blog/2012/05/17/how-your-firm-can...

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