This would entail paying European fines for not having sustainable components in their products. Instead of just moving ahead with production and paying the charges to local and federated European Union environmental authorities, GE completely redesigned the value chain and production processes of medical products (Mitra, 2010). This became the catalyst of sustainable business development and was a key factor in the 2004 timeframe when Jeffrey Immelt began the planning of the ecoimaginaition branding initiative. This is just one of many examples corporate-wide where GE was able to capitalize on initially what appeared to be a weaknesses from a sustainability standpoint and turn it into a strength.
Conclusion
Since the initial concept of translating their cost challenges of attaining sustainability into a profitable new business, GE has also started a $200M venture capital fund to invest in emerging new businesses in these areas. To date they have generated over 4,000 new product ideas in 100 countries through this initiative (Mitra, 2010)....
Around 21 billion of co2 is launched into the environment annually which is too much for the environment of Earth to neutralise or utilise normally. The manufacturing of co2 from burning non-renewable fuel sources is among the most considerably important contributing greenhouse gases. The boost of greenhouse gases in the environment is developing a substantial increase in worldwide temperature level which is a direct link in between non-renewable fuel
At the present energy set-up nuclear energy provides around 20% of world's electricity. This energy is produced naturally -- by the sun and other stars making heat and light- and artificially-electricity from nuclear power plants. The nuclear power plants produce more energy using less fuel compared to the fossil fuels and hence it is seen as an environmentally friendly energy source (Ansolabehere, et al., 2003). However, the true scope
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solar energy is interesting in that it makes some environmental claims that seem to be rather tilted in favor of the "save the environment" standpoint. The presentation attempts to make a strong case for converting from the world's current use of oil and gas to a world that primarily uses only solar energy. However, the overall case is not strong enough that it would move an outsider to be
Literature Review Solar energy is still a relatively new phenomenon in terms of serving as a new energy supply to rival the use of fossil fuels. However, as Fares and Webber (2017), Lewis (2016) and other researchers show, solar energy has its uses—but also its limitations. Understanding where solar energy is capable of being advanced and where it has run into walls in terms of utilization are key to developing pathways
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