Taking the necessary steps to supply the world with renewable energy is affordable, according to a landmark IPCC report (Intergovernmental Panel on Climate Change.)
Operating under the auspices of the UN, the IPCC report concludes that diverting funds from fossil fuels to renewable energy and cutting waste needn’t cripple the global economy. In fact, it has been calculated that only a mere 0.06% need be lost from anticipated annual economic growth rates of between 1.3% and 3%. The IPCC report is the work of 1,250 international experts and comes with the approval of 194 governments.
IPCC report highlights affordability
Imperial College London professor, Jim Skea, told the The Guardian that the IPCC’s recommendations for reducing carbon emissions were also achievable. “It is actually affordable to do it and people are not going to have to sacrifice their aspirations about improved standards of living,” said Skea, an energy expert at Imperial who is also a co-chair of the IPCC report team.
It’s welcome news which should help fuel the increasing appeal of ethical MBA careers along with a potential boost for careers in energy management.
If renewable energy companies are to be the driving force behind the monumental global effort to become more environmentally conscious, then they are going to need business leaders, funders as well as policy and technology experts to meet the expansion. The stage therefore looks set for MBA graduates interested in entering the world of energy management to make a difference.
Renewable energy is an example of an industry where green jobs are to be found, but others are out there. According to the United Nations Environment Program, green jobs constitute a range of professions that help ‘preserve or restore environmental quality’. This includes work related to conservation, biodiversity and recycling in addition to green jobs in renewable energy and those working to reduce carbon emissions and pollution.
In light of global demand, the energy management sector looks set to grow rapidly in the near future. Therefore, leaders will need to have a strong capacity for innovation and implementing (as well as responding to) change in order to maximize a company’s potential for expansion and ensuing success.
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