The Kyoto Protocol is the first step towards stabilising global emissions of carbon dioxide (CO2). But what is carbon regulation and what actions are required by companies striving to limit the enhanced greenhouse effect?
In this presentation, Professor Janek Ratnatunga, Head of the School of Commerce, will detail the impact of the Kyoto Protocol in a number of areas of economics: financial markets, international trade, supply-chain management, cost analysis and financial reporting and assurance, as countries enact carbon trading legislation. Many countries, business organisations and individuals appear to be woefully ill prepared to meet the challenges posed by the new paradigm of 'carbonomics'.