How can a company reduce its risk from high and volatile energy prices, carbon regulations and water scarcity?
• Reduce its demand for energy and water per unit of production and revenue by implementing innovative system design and continuous improvement programs; • If a company is in a better position to adapt than its competitors, it can push for regulation of GHG emissions to gain competitive advantage; • Locate its facilities in regions with improving carbon intensity in its energy supply and the lowest risk of energy cost volatility, extreme weather events and water scarcity; • “Harden” its facilities against risk with flexible fuel energy systems, onsite generation, advanced water recycling and commodity hedging programs; and, • Prepare its governmental affairs staff with knowledge of issues, risk exposures, and effective arguments.
Related Questions
- Many energy companies are large corporations that have made huge profits, even during times of high energy prices. What impact will this package have on such companies?
- How can a company reduce its risk from high and volatile energy prices, carbon regulations and water scarcity?
- Will using solar water heating panels reduce my carbon foootprint?
