The Global Carbon Crisis
We are pleased to announce the publication of:
The Global Carbon Crisis: Emerging Carbon Constraints and Strategic Management Options
Timo Busch and Paul Shrivastava
200+viii pp | 234 x 156 mm | hardback
ISBN 978-1-906093-61-7 | July 2011
More details …
This new book succinctly translates important insights from the natural sciences, economics and equity discussions, for the business reader. It reviews important aspects of these discussions and clarifies misunderstandings with respect to climate change and fossil fuel availability and their implications for business. The book provides simple, direct, pragmatic and effective solutions that policy-makers and corporate managers can implement. The aim is to provoke action – thoughtful action – towards developing a low-carbon future for companies on three levels. At the macro level, the authors discuss the importance of tough industrial policies for climate change and propose the idea of an international carbon-equal fund. At the meso level, they elaborate on the role of inter-firm collaborations for establishing low-carbon industries and production systems. At the micro level, they illustrate the virtue of proactive carbon strategies and suggest a corporate carbon management framework.
Getting the message of the carbon crisis across to a business audience has proved challenging. This book successfully makes the case that they are intricately connected to one another and practising managers and business students will benefit from viewing the carbon crisis in parallel to the financial meltdown.
The book will be essential reading for all businesses grappling with carbon-related issues and for many in academia, including those in management, strategy, finance, corporate social responsibility and sustainable development, globalisation and innovation studies.
Read the Introduction and Chapter 1 for free (PDFs)
You can also request a review copy
or an inspection/desk copy
"Carbon constraints will play a central role in corporate, policy, political, and consumer discourse during the next few decades. This book explains how carbon constraints are a threat to the future operations of our corporations and our economies. It is essential reading for managers seeking to develop strategies to generate competitive advantage in a carbon-constrained economy, policy-makers seeking to design incentives for a low-carbon economy, and academics seeking research topics that will help alleviate the looming carbon crisis."
— Sanjay Sharma, Dean, School of Business Administration, University of Vermont
" 'The Global Carbon Crisis' makes a significant contribution to the increased understanding within the corporate world of the choices that
lie ahead. The book's uniqueness is in placing the discussion in a business framework for business professionals. In illuminating the strategic choices it will help in stimulating the creation of sustainable enterprises in a sustainable world."
— David O'Brien, Chairman, Royal Bank of Canada and Encana Energy
" 'The Global Carbon Crisis' presents a comprehensive overview of the challenges related to climate change and its impact on business and other stakeholders. By providing concrete proposals on how companies can address this crisis through innovation and the development of sustainable business practices the book will be a very valuable guide for business executives, managers and management educators."
— Jonas Haertle, Head, PRME Secretariat/UN Global Compact Office
" 'The Global Carbon Crisis' is highly informative. In a unique way it puts the whole debate in a format that allows any finance professional to objectively ponder the facts and effects of our current and future carbon-intense economy. It provides sound reasoning for low-carbon entrepreneurship as well as being a primer for investors struggling to be ahead of the curve as companies and markets realise that greenhouse
gas emissions are material from a financial point of view. This is a must-read for any responsible investor."
— Stephen Kibsey, VP Equity Risk Management, Caisse de dépôt et placement du Québec
Part I: A strategic view of carbon constraints
1. The two sides of the carbon coin
2. Emerging carbon constraints
3. Strategic benefits of carbon and climate strategies
Part II: The carbon crisis: physical science, economic, and equity
4. Evolution of carbon utilization
5. Climate change challenges ahead
6. Carbonomics and beyond
7. The intra- vs. inter-generational equity dimension
Part III: Strategic options for a low-carbon economy
8. Lessons from the financial crisis
9. Macro level: industrial policies for climate change
10. Meso level: inter-firm breakthrough steps in a low-carbon future
11. Micro level: proactive carbon management strategies
12. Synthesis: the mitigation-adaptation nexus
FROM THE GREENLEAF BLOG …
Canada's complacency on climate change is an embarrassment Paul Shrivastava and Damon Matthews
MONTREAL – Global warming is not going to go away by itself. And if our government has its way, Canada will remain part of the problem,
rather than become part of the solution. Canada continues to lead the world in obstructing progress on international climate policy. The
latest evidence was presented for the world to […]…"
ABOUT THE AUTHORS
Dr. Timo Busch is currently working as a lecturer and senior researcher at the Swiss Federal Institute of Technology (ETH) in Zurich, Switzerland. His research interests include corporate strategies towards a low-carbon economy, organizational adaptation to climate change, and the business case for corporate environmental sustainability. He teaches at ETH and Duisenberg School of Finance (The Netherlands) courses on corporate sustainability, strategy, and finance. The topic of his PhD thesis was strategic management under carbon constraints. Before joining ETH Timo worked at the Wuppertal Institute for Climate, Environment and Energy (Germany) focusing on corporate eco-efficiency, life cycle analyses, and sustainable finance. His work has been published in international journals including: the Journal of Industrial Ecology; Ecological Economics;
Business & Society; Business Strategy and the Environment; and the Journal of Business Ethics.
Dr. Paul Shrivastava is the David O'Brien Distinguished Professor of Sustainable Enterprise, and Director of the David O'Brien Centre for Sustainable Enterprise at the John Molson School of Business, Concordia University, Montreal, Canada. He is Senior Advisor on sustainability to Bucknell University and the Indian Institute of Management Shillong, India. Paul received his PhD from the University of Pittsburgh. He was tenured Associate Professor of Management at the Stern School of Business, New York University. He has published 15 books and over 100 articles in professional journals. He has served on the editorial boards of leading management education journals including: the Academy of Management Review; the Strategic Management Journal; Organization; Risk Management; Business Strategy and the Environment; and the International Journal of Sustainable Strategic Management. He won a Fulbright Senior Scholar Award. His work has been featured in the Los Angeles Times, the Philadelphia Inquirer, the Christian Science Monitor, and on the McNeil/Lehrer NewsHour.