and to allow for a well regulated awareness campaign in regards to carbon emission mitigation strategies and novel shifts in energy use, contrary to the initial cap and trade/ carbon tax policies.
Policy options, advantages, and disadvantages
Based on the ongoing paradigm shift in business models of Going Green, it is paramount for ADNOC’s management to embrace the Shadow Carbon Pricing for various reasons: it aids management by reducing risk levels, determining profitable price margins, and facilitating learning of environment friendly energy credits; adequately prepares ADNOC for imminent future legislation; it is a substitute in cases where energy prices rise; and, it is a creative and innovative technique to boost competitiveness and lower carbon growth.
As a recommendation, shadow carbon pricing is highly viable on a long-term basis for ADNOC to gauge its carbon emissions. Besides, data gathered from the shadow carbon pricing ought to be used in setting annual carbon reduction targets necessary for measuring the various manager's output in a company and its general business performance. Dumping Tons of Carbon Dioxide.
Works CitedLoop Initiatives. What is Shadow carbon pricing and should I use it for My Business? Accessed 28 October 2013
Please type your essay title, choose your document type, enter your email and we send you essay samples