Emissions mission: The development and growth of carbon trading

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

With environmental welfare firmly established as a major issue for the twenty‐first century business world, companies must remain alert to the impact of their operations. For many, the strict enforcement of limits on carbon emissions has made such vigilance even more imperative. But shrewd players will recognize the potential for opportunity as well as threat in these restrictions, should the carbon trading market grow to the extent widely anticipated. The EU is the main driver of an international market currently valued at up to $70 billion but expected to soar to over $1 trillion once the US and other major economies climb on board. US participation is deemed vital for the growth of carbon trading.

Originality/value

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Citation

(2009), "Emissions mission: The development and growth of carbon trading", Strategic Direction, Vol. 25 No. 4, pp. 26-29. https://doi.org/10.1108/02580540910943532