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Climate change effects on Energy supply Industries PDF

   

Added on  2021-11-03

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Environmental SciencePolitical Science
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Running Head: CLIMATE CHANGE EFFECTS ON ENERGY SUPPLY INDUSTRIES 0
Climate
Change
effects on
Energy
supply
Industries
Report
Student name
Climate change effects on Energy supply Industries PDF_1

Climate change effects on Energy supply Industries 1
Table of Contents
Introduction......................................................................................................................................2
Threats to business of Energy Supply Industries.............................................................................3
Summary of Innovations..................................................................................................................5
Disruptive innovations to address threats to Energy Supply Industries..........................................7
Conclusion.....................................................................................................................................13
References......................................................................................................................................15
Climate change effects on Energy supply Industries PDF_2

Climate change effects on Energy supply Industries 2
Introduction
Climate change is a huge issue in present time as well as in future for the human being. It is
affecting economy of the different industries at global level. Government is facing so many
problems to identifying the issues for partnership between the private and public sectors. The UK
government is planning for the merging business perspectives of the public and private sector in
their industrial strategy. This report will explain about the threats to the business from the
climate change as well as policy and regulatory framework, which are design to mitigate climate
change. It will also explain about different types of innovations, such as disruptive, incremental,
breakthrough and game change in next sections. In this report, disruptive innovation’s threats for
the business will discuss in the later section.
This report will describe about the proposals and solutions to reduce risk of the Energy Supply
organizations as well as it will explain about relationship between private and public
organizations. It will explain about the disruptive innovation threats for energy supply industries
with the help of advanced technical, academic and professional skills. Sustainability is used for
handling different things of the innovation, such as green computing, risk assessment, analysis
lifecycle and carbon trading[ CITATION Bul101 \l 1033 ].
Climate change is a huge problem for the energy supply industries and it affects their economy
as well as business. Business processes of different industries are facing many problems from
climate change in UK. This report will focus on the Disruptive Low Carbon Innovation (DLCI),
which is having many advantages for handling the low temperature issues and other climate
changes effects on the Energy supply industries. Climate changes are not good for
industries[ CITATION Chr15 \l 1033 ].
This report will discuss about the different risks and opportunities of energy supply industries for
the investors from the climate change at world level. Energy supply industry is having some
restriction for their production and services to their customers. However, these industries are in
decreasing their profit, and they are not changing anything in environment beyond their limits. It
is making secure those industries, which are following the rules and regulations for environment.
The UK government agencies are forming groups and these groups are having good leaders from
Climate change effects on Energy supply Industries PDF_3

Climate change effects on Energy supply Industries 3
different countries. Most of the countries are providing limit for industries, which is based on
environmental conditions. This report will explain about the losses, which are based on the
current data and strategies of the investors and government for stopping climate change.
Threats to business of Energy Supply Industries
Climate change has an impact on different industries, which are food, health, economic growth,
water supply, energy supply industries and human security. Industrial system must have
limitation about the productions and services for the customers by which they affects the global
environment. It is a step to limited global warming to 1.5 degree centigrade until 2030[ CITATION
For181 \l 1033 ]. The UK energy sector employs around 150,000 people and contributes 3.7% to
GDP.
Climate change is an extreme thing to impacts on human beings in different manner, such as
health, business, and economy. Scientists have warned about the risks and impacts of the climate
change on the economy and health, which has created by industries and other things. These are
significant business risks, which influence the economy of the country[ CITATION Fox10 \l 1033 ].
There are huge role of the investors to mitigates these risks and resolve them for managing the
economy of country. There are four risks for the business, which are associated with climate
change. Adapting to a changing climate may become more of an issue when planning for the
2030s and beyond. Basic threats are these from the climate changes:
Damage to building and operations:
Changes in the climate of workplace are having different issues to manage operations of the
energy supply industry, such as flooding, and weather conditions. Extreme weather conditions
are considered as a risk for business. In those cases, buildings are damage from flooding, which
is a reason to stop production of the industry. Transportation is also affects from the bad weather
conditions. Without employees, industry production will be null. Investors are preparing resilient
buildings that can handle the flooding, storms and winds. It is an issue around the world in which
workplaces are affected from the climate change problem. Because of that, all the productions
are stopped for that time. Developing countries are providing offers for new construction of the
workplaces that are built to hold up different climate conditions. For investors it is an
Climate change effects on Energy supply Industries PDF_4

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