MGM 17 - MGM 101 - Introduction to Management Functions...

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1 Thursday, November 20, 2008 MGM 101 - Introduction to Management Functions Housekeeping: Reminder - Upcoming Test on Tuesday – make sure you write in your section; no calculators or other aids are required or permitted Key questions for today: What can “we” (individuals, governments, businesses) do to change the worrisome climate change story? What are the business opportunities & risks arising from climate change? Who will the losers be? Who stands to benefit from the issue? Today
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2 Why are CO 2 emissions still rising? Principal factors have been 1) rising populations & 2) growing energy use per capita World population recently crossed the 6 Billion mark… and is expected to hit 9 Billion before 2050 Global per capita GDP rose by 1.5% per year from 1990 to 2002… energy use rises with incomes ? Fastest growth in population, GDP per capita & energy use per capita has been in emerging countries Why are CO 2 emissions still rising? – cont’d. The most populous nations on Earth – – are also the fastest growing economies … and the fastest growing energy consumers ? Consider the story of Wu Yiebing & Cao Waiping in Hanjing, China
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What can we do to slow down climate change? Unrealistic - perhaps even unjust - for Western countries to “instruct” Emerging Countries to reduce their energy consumption when they are still playing “catch-up” with us Per capita energy consumption in US, Canada, Europe, Japan is still much higher than in Emerging Countries What are the possible solutions? – cont’d. Need for greater international cooperation (despite Kyoto Protocol experience) What would happen if there were significant energy consumption decreases in wealthy countries to “make room” for increased consumption in poor countries? – Does the will exist in advanced
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This note was uploaded on 04/25/2010 for the course MANAGEMENT MGM 100 taught by Professor Appleyard during the Fall '10 term at University of Toronto- Toronto.

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MGM 17 - MGM 101 - Introduction to Management Functions...

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