Thursday, June 10, 2010

Can cities like Salem afford to ignore the warnings that businesses are getting?

potencial of renewablesImage via Wikipedia

Interesting paper here:

Reports and Papers

Sustainable Energy Security: Strategic Risks and Opportunities for Business

Chatham House-Lloyd's 360 Risk Insight White Paper
Antony Froggatt and Glada Lahn, June 2010

Download Paper here

  • Businesses which prepare for and take advantage of the new energy reality will prosper - failure to do so could be catastrophic

  • Market dynamics and environmental factors mean business can no longer rely on low cost traditional energy sources

  • China and growing Asian economies will play an increasingly important role in global energy security

  • We are heading towards a global oil supply crunch and price spike

  • Energy infrastructure will become increasingly vulnerable as a result of climate change and operations in harsher environments

  • Lack of global regulation on climate change is creating an environment of uncertainty for business, which is damaging investment plans

  • To manage increasing energy costs and carbon exposure businesses must reduce fossil fuel consumption

  • Business must address energy-related risks to supply chains and the increasing vulnerability of 'just-in-time' models

  • Investment in renewable energy and 'intelligent' infrastructure is booming. This revolution presents huge opportunities for new business partnerships

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