Industry Awakens to Threat of Climate Change - NYTimes.com - 4 views
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Both Nike and Coke are responding internally: Coke uses water-conservation technologies and Nike is using more synthetic material that is less dependent on weather conditions. At Davos and in global capitals, the companies are also lobbying governments to enact environmentally friendly policies.
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Coke’s vice president for environment and water resources, listing the problems that he said were also disrupting the company’s supply of sugar cane and sugar beets, as well as citrus for its fruit juices.
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global warming as a force that contributes to lower gross domestic products, higher food and commodity costs, broken supply chains and increased financial risk. Their position is at striking odds with the longstanding argument, advanced by the coal industry and others, that policies to curb carbon emissions are more economically harmful than the impact of climate change.
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ven the most conservative estimates peg the social benefit of carbon-based fuels as 50 times greater than its supposed social cost.”
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n Europe, the Organization for Economic Cooperation and Development, the Paris-based club of 34 industrialized nations, has begun to warn of the steep costs of increased carbon pollution.
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Nike, which has more than 700 factories in 49 countries, many in Southeast Asia, is also speaking out because of extreme weather that is disrupting its supply chain. In 2008, floods temporarily shut down four Nike factories in Thailand, and the company remains concerned about rising droughts in regions that produce cotton, which the company uses in its athletic clothes.
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Why is the cheaper electricity helping to raise so many people out of poverty? And why in China and Inda?
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as high energy costs, declining industrial competitiveness and a recognition that the economy is unlikely to rebound soon caused European policy makers to question the short-term economic trade-offs of climate policy.
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“There will be agriculture and economic effects — it’s inescapable.” He added, “I’d be shocked if people supported anything other than a carbon tax — that’s how economists think about it.”
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I find it interesting and surprising that high energy costs are causing declining competitiveness between industries because it just doesn't seem to make a lot of sense. It maybe causes different companies to go broke or stop manufacturing different things because of the high costs of producing them.
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This part shows how this article is related to industry. Nike has different factories, which is part of industry. Also, it talks about how different factors would cause factories to shut down, such as droughts. Many people would go out of jobs because of this happening for a certain length of time, which we have talked about in the industry and service chapters.
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This section talks about globalization and nature-culture. It shows globalization because of the different factories that Nike owns, and even with most in the same place, Southeast Asia, they sell to the entire world. It shows nature-culture with the different factories having to close because of floods.
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http://environment.about.com/od/waterpollution/a/groundwater_ind.htm This article connects because the beginning of this article talks about how Coca-Cola is using up water and creating droughts to produce its drinks.
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Just an idea in all, but if this so-called carbon tax is passed wouldn't it raise the price of goods? But then again, I guess companies have to make up the deficient somehow. -
It's crazy to think that a company has so much power that even though it is depleting water supplies and causing pollution it is still not shut down. This is probably due to lack of knowledge consumers have and the mass of money that the company has.
