Using Case Studies from Specific Companies, Outline How Seriously Multinationals Address the Risk of Co2 Emissions?

Using case studies from specific companies, draft how seriously multinationals address the risk of CO2 emissions? Nowadays galore(postnominal) mint argon concerned round the global warming and this cerebrate the attention on a nonher really serious problem the increasing take aim of CO2 emission in the atmosphere. At higher concentration this shove along is considered extremely toxic, therefore this issue has to be seriously taken in consideration. Unfortunately, with every year passing this process is accelerating.On that account, many countries gathered their cleverness in equalizing the greenhouse gases levels in the atmosphere and signed an agreement at the fall in Nations Framework Convention on modality Change. Also many multinational companies decided to assist and help with the situation by victimization different strategies for the reduction of CO2 emissions. Realizing the gravity of the situation, many industrialized countries foc apply on achieving the ultimate goal trim their emissions of greenhouse gases. On 11 December 1997 in Kyoto, Japan 37 countries have signed a protocol, which oblige them to lower their overall emissions by 5. % comp atomic number 18d by the level from 1990. The protocol entered into force on 16 February 2005. As the main polluters of the environment, these countries managed to gather their strengths for the future day of our planet. The exclusively remaining major polluter, which has not signed the protocol is the United States. Not only countries recognized the danger of CO2 emissions, but withal multinational companies are thinking about the future of our innovation. For physical exercise, more(prenominal) and more major auto manufacturers, as the ones to be unholy for the increasing level of gases, commit to eco-friendly developments.For instance, crisscross engines, which use not only fuel, but as well energy in order to reduce carbon dioxide emissions. In fact the first gasoline-electric car was developed in the deep past by Ferdinand Porsche in 1901. Unfortunately, this technology became widely available when it was released for grass production in Japan in 1997 by Toyota. This is the first manufacturer, which sells hybrid vehicles in Japan and the United States in 2002, and is now leader in this emerging field. The companys Research and Development division has similarly responsible for many other breakthroughs in eco-friendly engines.For example Variable Valve Timing-intelligent engine, Direct-Injection natural gas and Direct-Injection common rail diesel engines. All of these improved engines are build to reduce fuel consumption and emission levels. On the other hand, Toyota may be not so green as we think it is. subsequently the company has become one of the three major automotive companies and coupled the Detroit Three in 2007, it lost the trust of the environmental community. First of all, Toyota support a lawsuit, which was about to reduce toxic emissions fro m cars by 30% at heart a decade.This legislation would require cars to get up to 43 miles per gallon. And this is not profitable for the company. To sum up I would like to quote Keith Naughton from Newsweek powder store. He said Toyota is discovering it isnt easy being green while discharge for the green. While Toyota is just pretending to be eco friendly, there is another too Japanese company, which is focusing its efforts to reduce global warming emission. Yamaha force back is taking a whole new approach in reducing the CO2 emissions not only in its products, but also in the companys entire business activities.For example, they reduced the C02 emissions in the Nakaze Factory (The factory, which paints and forms the parts for the motorcycles) by approximately 289 tons by put solar and wind power generators. Unfortunately, this generators will just be used only for lightning and air conditioning in the office buildings. If Yamaha really wants to convey in reducing the glob al warming gases, it will have to came up with many similar ideas and to power more electronics, which are used in the factory.In my opinion, most of the multinationals companies do not really care about the environment. They are using the nowadays trend to live greener life, in order to make more customers. I think, that almost all of them have some surreptitious agenda to advertise and promote themselves. This is a serious issue, which we are facing. apiece and every one of us can contribute to the solving of the problem. For example we can take the public transport more often, recycle or bye energy efficient light bulbs. Everyone have to understand, that this planet is not only for us.We have to leave a place for our children to live in. The world has already recognized the gravity of the situation. There is a serious problem, which we are facing and if we dont cut the emissions there might be no place for the future generations to grow. The Kyoto Protocol is a major be on in reducing the carbon dioxide emissions. Personally, I am optimistic about the future. Many multinational companies are aware of their harmful impact on the environment and they have committed themselves to eco-friendly innovations and are aking various approaches in leaden the level of carbon dioxide. All in all, we are obligated to reassure our childrens future. Planet Earth is our home, and we have to anything we can to save it. References 1. Ellerman, A. Denny et al. (December 1998). The do on Developing Countries of the Kyoto Protocol and Carbon Dioxide Emissions Trading. World Bank indemnity Research Working Paper No. 2019. acquirable From http//ssrn. com/abstract=569250 Assesed shocking 13, 2004 2. Hayes, James. (3/6/2010). Whose CO2 is it anyway?.Engineering Technology online. Vol. 5 Issue 4, p48-50. Available from http//web. ebscohost. com/ehost/detail? sid=72a4efd7-5e6e-47b2-884a-45713a7b4001%40sessionmgr11vid=1hid=15bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3ddb=bthAN=4884728 0 3. Richard Schmalensee, doubting Thomas M. Stoker, and Ruth A. Judson. (February 1998). World Carbon Dioxide Emissions 19502050. online. Review of Economics and Statisticsonline. Vol. 80, No. 1 , Pages 15-27 4. Naughton, Keith. (Nov 10, 2007). Toyotas Green Problem. online.In Newsweek magazine. Available from http//www. thedailybeast. com/newsweek/2007/11/10/toyota-s-green-problem. html 5. Sedgwick, David. (5/23/2011). Detroit 3 make big gains in supplier survey. Automotive Newsonline. Vol. 85 Issue 6465, p1-29. Available Fromhttp//web. ebscohost. com/ehost/detail? sid=05d16e37-af1c-4a3a-873a-05636d5a7679%40sessionmgr14vid=1hid=15bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3ddb=b 6. Unknown, (2011) United Nations Framework Convention on Climate Change, http//unfccc. int/kyoto_protocol/items/2830. php