Friday, June 14, 2019

An investment opportunity from global warming Essay

An investment opportunity from global warming - Essay ExampleAs mentioned beforehand, majority of the Americans and possibly people around the world believe that global warming is at our midst. Proof of this is the menagerie of international treaties which seek to encourage orderly technologies and reduce carbon emissions, which is considered to be a major mitigation of global warming. Let us take the Kyoto Protocol as an example. This treaty is the kickoff of the UNFCCC and is the primary international agreement on combating climate change. The United States did non ratify this protocol, which probably fans the guilt that must be felt if we are lecture about the American market.Reporting for CNN Money, Chris Taylor also listed a Silicon Valley company by the name of Planktos which was bought by Vancouvers Solar Energy Ltd. for $1.3 million. The company is exam a technology that would dump huge quantities of carbon-eating phytoplankton algae in the ocean and sell the resulting c redits to European countries that cant cut their carbon dioxide emissions enough to meet Kyoto targets. Moreover, Sustainability service author Willard cited a 66% increase in profit on average for small and medium-sized companies which adopted environment-minded practices due to better market share among new(prenominal) factors.A business investing in clean technology will be most likely successful due to two important factors. First, the commonplace policies are friendly and governments will most likely offer incentives for the business. Second, and most importantly, there is significant market share out there and the demand is not merely created.

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