Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


Expert Predicts A Second Industrial Revolution

Visiting Climate Change Expert Predicts A Second Industrial Revolution

Media Release from New Zealand Climate Change Project
Department of Prime Minister and Cabinet

One of the United States’ foremost authorities on the business and technological opportunities arising from global climate change will visit New Zealand next week as a guest of the Government and BP Oil New Zealand Ltd.

Eileen Claussen is President of the Pew Center on Global Climate Change and former US Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs.

She believes that meeting the challenge of global climate change will require nothing short of a second industrial revolution.

“But unlike past industrial revolutions, we can’t afford to wait for this one to happen all on its own. We must make it happen,” she said.

Eileen Claussen is in New Zealand from 18 - 26 May and will speak to business audiences in Auckland, Wellington and Christchurch. She will also attend the official opening, by the Prime Minister, of the second tailrace tunnel at Meridian Energy’s Manapouri Power Station on 25 May.

During her visit, she will update audiences on the US position on global climate change and give an assessment of the “Bush plan” and reaction to it. She will also provide an overview of current Congressional and State activity and a survey of what corporate America is doing in response to the challenge of climate change.

Eileen Claussen says many corporations in the United States are taking it upon themselves to tackle their greenhouse gas emissions. And one of their main reasons for doing so is to improve their competitive position.

“The Pew Center recently completed a report taking a close look at six of these companies and all of them reported that, by reducing their greenhouse gas emissions, they had cut their production costs and enhanced their product sales.”

A similar study of New Zealand businesses is being undertaken by the New Zealand Business Council for Sustainable Development and the Ministry of Economic Development to find out how they are responding to climate change and what their experiences have been. Initial findings are expected in June.

Peter Griffiths, Managing Director of BP Oil NZ Ltd, says as a member of the Pew Center, BP is delighted to co-host Eileen Claussen’s visit.

“BP has been at the forefront of the climate change debate in recent years while implementing our own successful greenhouse gas reduction programme.”

BP’s Chief Executive Officer, Lord John Browne, announced recently that BP had reduced its greenhouse gas emissions by 10 per cent from a 1990 baseline and, in the process, had created $US650 million in value.


Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news