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Climate change and peak oil – responding to the big challenges

By Larry Reynolds (February 2010 Issue)
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In last month’s TJ, I outlined two big challenges facing every organisation as we begin the second decade of the 21st century: climate change and peak oil.

Although the challenges are very different, the consequences will be the same: energy from carbon-based fossil fuels – coal,
oil, gas – will become very expensive. We’ll have to find new, low-carbon ways to produce and use energy. Successful
organisations will be those that adapt most nimbly to the new, low-carbon economy. Adapting to the low-carbon economy means three things: reducing energy costs, making products and services low-carbon, and producing innovative products and services specifically for the low-carbon economy.

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