Delivering Customer Value through Procurement and Strategic Sourcing: A Professional Guide to Creating A Sustainable Supply Network

11. The Use of Emission Permits in Strategic Sourcing

As we move further into the twenty-first century, adaptation to climate change, energy efficiency, and the distribution of the costs of climate change across households, corporations, and regions are growing in importance. Thus, strategic sourcing and procurement personnel must be vigilant, paying close attention to mainstream thinking on these areas of increasing concern. Already the European Union, Japan, Australia, China, and several entities in the United States have entered into emissions-trading schemes. What will be the tipping point for the balance of the world to join the ranks of those who have already accelerated their plans for reductions in the emission of pollutants?

The world ...