Great article by
Andrew Freedman
The
United States Federal Government
could meet its net-zero-emissions target by 2050 through three key portfolios of actions on electric vehicles, buildings and scaling clean energy, a new report finds.
As a CPA and Data and AI Thought Leader ESG Policy Development and Reporting the policies to get to net zero need to balanced. I have written many blogs on the green transition. Here is my thoughts based on my work ESG SME:
- Electrical Vehicles currently lack range, access to plug-in stations, access to raw materials, public safety issues, costs. https://www.dhirubhai.net/pulse/analysis-commentary-automotive-sector-september-2023-paul-young. I still believe hybrid vehicles would may provide better options as part of the overall net zero transition. https://energy5.com/the-effectiveness-of-hybrid-vehicles-in-reducing-co2-emissions. Ford has raised concerns with net zero vehicle sales - https://www.reuters.com/business/autos-transportation/volkswagen-temporarily-pause-production-two-ev-car-models-due-drop-demand-2023-09-26/
- Buildings are moving to green building codes. There still needs to be proper standards as part of the overall building codes - Blog – EPA and new Building Standard for Green Building – United States Government - https://www.dhirubhai.net/pulse/biden-administration-define-zero-emissions-buildings-paul-young
- More coordination needs to happen in order for the grid to transition to cleaner power including proper capital and operational assessments of various green projects - https://www.dhirubhai.net/pulse/managing-costs-part-upgrading-power-grid-cleaner-fuel-paul-young
- More needs to be done to promote natural carbon sinks through better vegetation, water, land, and forestry management practices - Blog - Forests Are Worth More Than Their Carbon, a New Paper Argues - https://www.dhirubhai.net/pulse/forests-worth-more-than-carbon-new-paper-argues-paul-young
- All public and private sector organizations need to embrace ESG policy development and reporting. Blog – How to transform small-to-medium size manufacturers to a Digital Model - https://www.dhirubhai.net/pulse/how-can-small-manufacturers-embrace-digital-paul-young
- Learning lessons from climate events like the Lahaina Fire - https://www.dhirubhai.net/posts/paul-young-055632b_older-homes-contributed-to-hawaii-fires-activity-7105933295854522369-kB22?utm_source=share&utm_medium=member_desktop
- Climate change needs to stop being a partisan issue. The key is look at areas like emissions, waste management, water management, energy management, land management, corporate and social governance to come up with the right policies - Key Environmental Areas – https://www.dhirubhai.net/posts/paul-young-055632b_7-environmental-factors-for-esg-reporting-activity-7071476082784276480-EYDt?utm_source=share&utm_medium=member_desktop ?
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#profitability #sales #margins #inventory #cashflow #EBITDA #EBIT #production #integration #integratedplanningandreporting