Managing Natural Resources
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Managing Natural Resources

Organizational Strategy, Behaviour and Dynamics

Edited by Gerard George and Simon J.D. Schillebeeckx

Managing the natural environment is fundamental to many businesses, yet management scholars have understudied how natural resources are acquired and deployed, how they constrain and challenge strategy and innovation, and how they differ from more conventionally studied resources in management. This book captures leading and thought-provoking conceptual and empirical contributions on how organizations (ought to) interact with such natural resources. The authors apply and extend management theories to the natural resource context, thereby opening up multiple avenues for future research.
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Chapter 11: Towards a global climate strategy: reconciling ecological, entrepreneurial and social elements of sustainability

André C. Presse and Falko Paetzold

Abstract

Climate protection and economic prosperity often seem to be at opposite ends and discussed as if they are contradictory. This chapter endeavours to ask and answer the question: How can climate change prevention be reached without being harmful to the economy, and perhaps even fostering it? This question is analysed on a normative and conceptual level with direct implications for climate change prevention. The answers developed support the emergence of a global climate policy. This policy reflects the needs of ecological, entrepreneurial and economic as well as social sustainability. In essence, we suggest to auction emission rights globally and redistribute the proceeds per capita globally. The chapter also contains an exploration of how such payout can be administrated. We also propose to shift from emissions to ‘immission’ focus. Relocating the point of control upstream makes a global climate change policy more viable and the respective climate regime easier to enforce.

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