Session 7 presents “Business & Climate Antagonisms” as a diagnostic of conflicts of interests between business & climate priorities.
The objective is to describe clearly the main problems faced by companies in reducing their GHG emissions. Once these central problems are clearly defined, come up with actions to overcome them, rather than addressing marginal topics.
Mechanism business model priorities business & climate are in conflicts. how to overcome them ?
Most business models create a proportional relation between revenue generation and CO2 emissions:
2019 emissions: 43 Gt CO2. At this rate, the Remaining Carbon Budget (RCB) will be gone in
Assets can be both very profitable and completely incompatible with the Paris Agreement. Ex: oil rings, investments have been made, oil is ready to be extracted and markets ready to buy it.
Staying below +2°C means stopping the exploitation of many profitable assets so losing rents, suffering a massive deadweight loss of cash invested: an economic heresy.
BNP Paribas, Société Générale, Crédit Agricole and Natixis owns enormous assets in fossil fuel industries and keep investing massively.
Developing ecological products & offers while maintaining strategies of volume leads to increasing emissions !!
Is the launch of a new ecological offer a mean to: