Green Tech and the Future

What do the Doha Round, Al Gore, and the Wall Street journal all have in common? They all postulate to discuss thousand. No, were not talking fair(a) close a color but a current trend in business where reducing the carbon footprint of companies as strong as greenhouse gas emissions is becoming big business. On March 24th, 2008, the Eastern Edition of the Wall Street journal published an entire section on going green and the business decisions behind it. So why should a accompany b other to go green? The corporate game is about the bottom line is it not? Shouldnt your biggest worry as a CEO be to extract the most gain ground out of your resources while passing the costs off on someone else? Fortunately enough, atomic number 20s governor Arnold Schwarzenegger is doing something to flip that. In 2006, his administration established a cap on greenhouse gas emissions by corporations. Many cried saying it would suffer business away from the state but what they have tack is instead, business is flocking on that point. Why might you ask? As Jeffrey Immelt, superior general Electric Co.s CEO, explained, because regulation is coming and hed just as soon have a seat at that table than have it pushed down his throat. By using Californias green tech approach, companies can be van and save themselves millions in the future.

Yet companies are not the however ones jumping on the green-tech bandwagon. Venture Capitalists are seeing a huge potential for income in this field. Americans who tend to be the largest susceptibility consumers are feeling the press of increased prices. This means there is a huge demand for increased efficiency, alternative fuels, and other tech/biotech developments. Enter John Doerr, a partner in an investment firm. Out of $700 million which the company manages, approximately troika is placed in green-tech. Why take such a large gamble when the International Energy Agency, which says that right now, about 80% of the worlds energy supply comes from fossil fuels? And the... If you necessity to get a full essay, order it on our website: Orderessay

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