• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Assess the extent to which business practice is likely to be affected by government policy in response to climate change.

Extracts from this document...

Introduction

British studies Assignment 4 3. Assess the extent to which business practice is likely to be affected by government policy in response to climate change. 8 April 2010 As global warming is starting to become a threat to everyone, the Kyoto Protocol is created in 1997 to set rules for the United Nations Framework Convention aimed to flight global warming, trying to reduce 5% of greenhouse gas by 2012 compared to 1990. After the protocol is made many countries have take action adding new policies and legislation to businesses, public sector and mainly on energy intensive industries. The government also build couple non profit organisation aim to "provide specialist support to help business and the public sector cut carbon emissions, save energy and commercialise low technologies." (www.carbontrust.co.uk) for example organisation like carbon trust, Department of Energy and Climate Change, carbon footprint and many more. In this paper I am going to relate the climate change government policy on businesses that is mainly related to the manufacture industry and see the affect it brings on these businesses. I will show both negative and positive policies that will affect the business relating it to the current situation. ...read more.

Middle

(www.decc.gov.uk) Many firms will decide to take part in this agreement however most aluminium, glass, steel, paper and many more manufactures are still going beyond their given limit of pollutant emission. This will decrease their quantity of products being made and will lead to a decrease in profit. Firms could purchase more pollutant emission through the emission trading system (EU) which started in 2005; firms with left over amount of pollutant emission could sell their leftover to other firms, the price is set by government, in "April 2006 the price is �30 per tonne which was the highest ever and in September 2007 was �0.10" (www.emissionstrading.com). When this scheme first started the cost were too high for firms to purchase as global emission starts to reduce so did the cost. The forestry industry plays a large role in the climate change programme as forest should be use to help achieving the Kyoto Protocol as trees act like a lung to the environment but at the same time there is a high demand on timber. An organisation named 'confederation of paper industries (CPI)' is form working on behalf of all the UK paper related industry to defend its interest in the same time helping the environment. ...read more.

Conclusion

The climate change programme all started from the Kyoto Protocol in 1997 which is an international agreement to create a framework to help the climate change issue aiming to reduce 5% greenhouse gas by 2012 compared to 1997, individual countries then start developing their own policies. The three most important policies and legislation in the UK will be the climate change levy, climate change agreement and the EU emissions trading scheme, a new policies Carbon Reduction Commitment will be introduce in April 2010 which will also be a major policies for big organisation. After policies has been brought in businesses start to have been given many restriction on how much they can produce or use each month which will reduce the profit and if they wishes to go beyond the limit they will have to purchase quota from other firms. Many business organisation leader and non government organisation have an aversion to the whole programme thinking it is inequitable and many query of where the money is being used. On the other hand the programme is achieving their objective of reducing greenhouse gas emission. Reference Houses of Parliament (2004), Number 213 Climate change and business, The Parliamentary Office of Science and Technology, London. http://www.carbontrust.co.uk/about-carbon-trust/what-we-do/pages/default.aspx http://www.carbontrust.co.uk/policy-legislation/Energy-Intensive-Industries/Pages/climate-change-levy.aspx http://www.carbontrust.co.uk/policy-legislation/business-public-sector/pages/building-regulations.aspx http://www.decc.gov.uk/en/content/cms/what_we_do/change_energy/tackling_clima/ccas/what_are_ccas/what_are_ccas.aspx http://www.emissionstrading.com/Energy/?page=Renew_UK http://www.carbontrust.co.uk/policy-legislation/Business-Public-Sector/Pages/carbon-reduction-commitment.aspx http://www.paper.org.uk/current_issues/energy.html ?? ?? ?? ?? Page | 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    Creating a foreign subsidiary can be from either opening a new store or factory in other country, for example Tesco have now opened stores in 14 other countries, or through acquiring an existing business abroad. Some companies will go into a joint venture with a company in another country and share ownership of the business.

  2. Btec National Business Level 3 Year 1 - Exploring Business Activity

    It also important to keep records of how reliable and how competitive is the prices charged by any suppliers. Yes Yes Information technology services IT services are: * Supporting other company functions. * Providing specialist IT support * Managing computer functions The IT director is there to develop IT in

  1. Provide the theoretical and practical analysis of international mergers and acquisitions.

    The news of acquisition should be the factor that influenced the rise of ARCO's share price because of the good perspective of ARCO for investors after combination. Till July, ARCO's share price kept dramatically going up. During the next several months the share price still continued to increase. On Nov.

  2. For my portfolio, I was asked to do an assignment on two businesses. I ...

    Tesco provide banking services at low rates and is providing insurances as well. Vectone Gnanam teleocm core business activity is to provide Telecommunication services. Tesco is a global supermarket providing various kind of services while Vectone Gnanam Telecom provide only communication services and Tesco core business activity is to sell

  1. Outline the role of government in creating the business climate internationally, nationally and locally.

    ensure fast and efficient regulations and laws translate into English, activation role of the Judicial Training Institute and study and develop partnerships with renowned international judicial institutions and focuses on information technology, business and financial training. Infrastructure Despite the infrastructure state-of-the-art in the UAE enjoys certain components of this infrastructure are still subject to many constraints.

  2. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    Another reason why a business would need good motivation and confidence would be for adapting new ideas. Tesco have this ability because they broadened their retailing to sell stuff other than Foods/ Groceries, such as Tesco?s clothing brand (F&F). The clothing brand has brought in a lot of profit, so

  1. Report. It compares Unilevers and Nestle responses to pressures to reduce their carbon footprint. ...

    ________________ Table 1. Types and benefits of long term mutually beneficial relationships Type Benefits Communication regular newsletters (printed, email); annual reports e.g. review, sustainability, environmental impact; publicising the strategic plan; periodic updates regarding key developments; circulation of publications or publications list; website; and articles in sector press or local newspapers.

  2. Applied Business. Investigating a business Preston Manor High School

    If there is inflation (currently inflation level is high at 4.5 per-cent in 2012[2]), the schools budget are affected in a negative way because when they have to buy facilities for the students, it will cost them more and they will reduce the amount of purchasing they make to provide the students with facilities.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work