Wednesday, April 2, 2008

Climate Change & the Law - class 12

Yesterday we had a guest lecturer, John Fillo, who is a chemical engineer/ accountant/ consultant for an environmental compliance company in the Pittsburgh area. He spoke about climate change policies within large companies, which means that he is helping these profit motivated entities take climate change into consideration, and help change the way they do business. It was very interesting to hear what he thought the 'tenets of carbon strategy' were - such as setting goals, corporate governance, methods for carbon neutrality like sequestration or credit trading, and legislative advocacy. He also went through case studies about BP, GE, Caterpillar, and a lot of others, and discussed how each had strengths and weaknesses of dealing with Climate Change. BP had the highest 'score' - did you know they have an internal credit trading scheme?