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Found this at Zfacts.com. We all are feeling the pinch, but I can't imagine anyone paying $3.34 in March 1981 driving the gas guzzlers of that day.
Environment Life
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The green mania seems to have caught up with software as well. Maryann Jones Thompson writes about how SAP, Intel and others have used technology to help customers reduce energy usage and add to the bottomline. Google has put up $10 M for research in green cars through it's rechargeIT project. If you are into green car tech, the RFP is here.
Trucost, an environmental research organization helps companies put a finger on these costs and assess business impact. According to the Trucost website "Fund managers and analysts increasingly need to know how environmental issues may have a financially material impact on companies' future earnings and make comparisons between companies in a given sector." Trucost claims based on a study of FTSE companies :
331 companies (of 551 in the FTSE All Share) have environmental impacts totalling more than 1% of turnover or USD1million, whichever is lower.
1M seems like peanuts for most large companies, but this might just be the tip of the iceberg. As global warming accelerates we could see this number rising substantially.
Environment Green Tech
Disclaimer : This blog site is published by and reflects the personal views of Prakash Muralidharan,in his individual capacity. It does not necessarily represent the views of any of his employers, past or present, and is not sponsored or endorsed by any of them. No representation is made about the accuracy of the information contained in this blog.
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