These losses are elevated in pollution and other devastating factors depleting the richness of these natural resources. Over exploiting will result in the extinct of these resources and loss of many diversified species. A flood, deludge whether is something which runs any business entitew into huge losses. heat wave like the one that gripped Britain in 1995 led to losses of 1.5 billion pounds1(Swiss Re, Business week) A business entity which ignores the basic external factors will lead to failure. Environment consiousness should be considered along with the development
Global warming does reflect its adverse effects at places even far from places of pollution origin. Thus it reveals that the global warming issue is a concern for entire world but not for particular region. Business entities has to look into diversified and complex situations where in it will necessary to look in to issues like1 the demographic, economic conditions and the atmospheric conditions.
The main challenges put in front of any organization would be the investment into non-revenue generating entities, high initial investments, the business planning complexities, extra employees benefits, safety and security systems. Non revenue generating entities are the features added in a production or manufacturing unit to make the ambience more secure like the alarm and security systems, the greenery maintaining. High initial investments are required to install these specialized devices in an work environment and complex to maintain as th equipments and devices are specially configured. The employee benefits are necessary to put into to safe the employee interests and to avoid turnover frequently. The employee benefits include high insurance payments, compensation, rehabilitation, pensions and medical allowances etc.
Chapter-04: Case example-China coal industry
The devices like the solar energy systems are costly as the market for the devices is limited and the technicians are to be maintained separately for operating these devices. China a rapidly developing Asian country has enhanced its energy utility base to nearly three times. The usage of home appliances has pressurized the domestic power consumption. The main raw material for power generation is coal extracted from earth crust. Depending upon the quality of th2e coal extracted the efficiency of energy produced would alter. The coal as a raw material has extremely polluted which spreads far to the neighboring countries. The increase in global-warming gases from China's coal use will probably exceed that for all industrialized countries combined over the next 25 years, surpassing by five times the reduction in such emissions that the Kyoto Protocol seeksNew York times2. The carbon dioxide emanating from Chinese coal plants will last for decades, with a cumulative warming effect that will eventually overwhelm the cooling from sulfur and deliver another large kick to global warming. China being a the worlds most populous country needs huge energy resources, however the huge expanse of china has provided with some gifted reources which were squised to the extreems by the business entities. The utilization of coal has risen to an alarming concern effecting china and its neighboring count