It's Not Easy Being Green – But Is It Cost Effective? The Financial Advantages of Reducing Your Company's Carbon Footprint
All industrial operations and most commercial ventures in the United States have a "carbon footprint" that can be measured and used as a baseline for future reductions of carbon (and other greenhouse gas emissions). Carbon footprint reductions can be translated into marketable carbon credits for sale or trade on the developing voluntary (and eventually mandatory) exchanges.
Failure by American businesses to proactively quantify this carbon footprint now while there is as yet no mandatory federal or state regulatory regime compelling such actions may result in missed opportunities to internally finance creative technology-forcing innovations.
Hosted by the Westchester/Southern Connecticut Chapter of the Association of Corporate Counsel, this presentation provided a primer on how to cost-effectively take advantage of these opportunities.