Low-carbon economy

“To assess how carbon policy and regulation will affect our businesses and our products in the future, we closely monitor national and international climate and energy policy developments and we advocate constructively for policies that are environmentally effective, economically efficient and equitable” (Rio Tinto, 2015b; p.Environment8), the reason for their delay is embedded in their drive to maximize gain as exemplified above. Irrespective of such glitches, it is noteworthy that Rio Tinto works closely with its suppliers to meet an ethical baseline in their operations “Rio Tinto’s set out the expectations the Group has of its suppliers in relation to a wide range of issues, including safety, environment, business integrity and human rights” (Rio Tinto, 2015b;…

to the universal climate change agreement, an economy-wide target to reduce greenhouse gas emissions by at least 40% by 2030 compared to 1990 levels. This type of commitment will require robust policies and coordinated action across the integrated sectors as determined by decisions of the UNFCCC Conference of the Parties on reporting agriculture; waste; land use, land use change and forestry; energy; industrial processes and products use. The real gains to our health and economy should use…

level, governments have taken different approaches to deal with climate change. For instance, governments have used economic incentives such as carbon taxes and subsidies for hybrid cars to encourage less demand on use of CO2 emitters. Furthermore, governments have passed regulations like cap-and-trade, to control GHG emissions (Ing, 2016). In an international context, climate change has been addressed through conferences such as the Kyoto Protocol or the COP 15 at Copenhagen. In 2015, the Paris…

discussion in recent years. Canada has a population of 33 million and has needed a large influx of immigrants to help support the workforce. With more skilled immigrants arriving to Canada, more would be able to contribute to the economy of Canada. In 2002, the number of immigrants was 229,000. In 2015, Canada has welcomed over 285,000 new citizens to live in Canada. Just last year in 2015 alone, with the election of the new Liberal Government, 25,000 Syrian refugees were forecasted to come into…

Cambodia and Australia are very different economies - Australia is a developed, capitalist nation, whereas Cambodia is a developing, communist nation. Despite this, there are still some similarities. Economic Growth Australia and Cambodia are very different in terms of economic growth - Both countries have mixed economies, although Cambodia has a high level of centralized economic planning and government regulation (Export Britain, 2016). Australia has very high levels of foreign investment –…

UK has got one of the highest commuting costs in Europe. According to OECD (2011) report, investments in residential building increases housing supply responsiveness better matching workers with job places. There is a high link between the housing stock, workers mobility and the labour market. To achieve the high level of employment in the economy it is crucial to allow people to relocate to sectors and regions where there is higher demand for their labour. The research made by Flatau et al.…

green products and create new jobs opportunities to ensure the workforce training programs can meet the needs of the market. Clean economy has been an important issue for the federal government. The government invest $50 billion into the clean energy industry and another $1 billion was invested on green jobs training. The Brookings Institution…

Australia and China both adopt a different economic system in exchange for a substantial economic growth to benefit their own nation. China being ranked 2nd in the world’s largest economy employs a command economy, which means the decisions on production and investment is decided upon the government. In comparison, Australia is a highly developed nation with a mixed market economy, meaning that the economy has a certain degree of planning involving the government, but the private sector dictates…

With reference to an economy other than Australia, explain the influence of globalisation on environmental sustainability and assess the strategies used to promote economic growth and development in this economy Economic growth in China’s case refers to the increased use of productive resources such as land, labour, capital and entrepreneurship as a result of improved technology, population and labour force growth can be measure in real Gross Domestic Product(GDP) per capita. On the other hand…

Australian and Indonesia, while similar in many ways, have very considerable differences, particularly in their economies. Both are mixed market economies, but while Australia’s economy is well developed and has a large proportion of government interference helping to make Australia one of the most desirable nations to live in, Indonesia’s economy is less advanced with a lower level of income per capita and a lower standard of living than Australia. Though Australia is four times larger than…