By Steven Cohen, William Eimicke, Alison Miller
A whole advisor to sustainability coverage on the federal, country, and native levels
Sustainability coverage: Hastening the Transition to a purifier Economy is a primary advisor for public region execs new to sustainability coverage improvement, implementation, procedure, and perform. that includes unique situations highlighting leading edge sustainability tasks, this publication explores the weather that represent potent coverage, and the criteria which could aid or prevent implementation and adoption. Readers achieve perception into rules in influence on the federal, country, and native degrees, within the parts of water, power, fabric use, and waste administration, and the explanations why neighborhood rules are frequently the main cutting edge and profitable. dialogue surrounding tracking and dimension addresses the shortcoming of standardization, in addition to the government's serious position in best the sector towards quite often approved sustainability metrics, whereas outlining the explanations why sure guidelines are extra possible than others.
This publication is an introductory source, written in non-technical language, and arranged in a coherent demeanour that establishes foundational wisdom ahead of introducing extra complicated concerns. Even readers with little historical past in sustainability will achieve perception into the present nation of the sphere and the problems at hand.
- Understand sustainability in private and non-private companies, together with the function of presidency and public policy
- Learn the present status federal, country, and native rules surrounding sustainability
- Discover what makes a good sustainability coverage, together with size and overview metrics
- Explore the politics and way forward for sustainability, and the limitations to change
Sustainability is a scorching subject in either the private and non-private zone, with vocal advocates on either side of each factor, so constructing potent coverage is important. For public zone execs getting into the sustainability box, Introduction to Sustainability coverage & Management is a useful resource.
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Additional info for Sustainability Policy: Hastening the Transition to a Cleaner Economy
Subsidies, which are already characteristic of energy exploration and production policy, can be revisited to encourage the adoption of clean and smart technologies (UNEP, 2008, 2). For example, the current oil depletion allowance enables oil companies for tax purposes to treat reserves in the ground as assets that will eventually be exhausted (Leber, 2013). A percentage of the value of the asset is subtracted from a company’s taxable income. The rationale for this subsidy is that once the oil in a well is pumped out, we want to encourage industry to dig another well.
The private sector is clearly best at making and marketing renewable energy resources, and it will play an important role in commercializing government-funded research; however, it will not fund the necessary R&D on its own. Government must fund the basic science, research, and development of new renewable energy and energy efﬁciency technologies. A number of analysts and elected leaders have called for a “moon-shot” project to develop renewable energy technology. This is a focused effort, funded by government to develop a few speciﬁc technologies.
WEBC02 12/17/2014 9:8:29 Page 35 Why We Need Sustainability Public Policy 35 Public policy can also be used to address challenges with ﬁnancing energy efﬁciency and renewable energy. Financing remains a signiﬁcant hurdle for widespread adoption of low-carbon energy technologies despite availability of capital for other purposes. Tax credits and mechanisms like guaranteed loan programs can help overcome this by lowering ﬁnancial risks associated with clean technology development. These types of programs leverage public dollars into larger investments in the private sector.