Issues your public sector organization may face include
- local catastrophic weather events
- high recycling and/or waste management fees
- low user participation in recycling programs
- increasing demand by residents for climate action
- lack of available landfill sites
- the reliance on waste incineration plants
- the gaps in data collection
It starts with water. Atmospheric rivers damage local communities. The water vapor they carry span thousands of kilometers and can be 150 km wide. When an atmospheric river hits land, flooding and infrastructure damage result, costing billions of dollars to taxpayers.
In the Arctic and Antarctic, atmospheric rivers have an even more devastating effect. These rivers melt the ice shelves. When the ices shelves collapse, glaciers collapse into the water (This process is known as calving). Sea levels then rise.
Rising sea levels threaten vibrant coastal communities. Many buildings and homes are at risk of becoming stranded assets. Stranded assets are liabilities.
Insurance companies have begun to withdraw coverage to homeowners and corporate realtors along coastal communities. Insurers allow the policies to lapse instead of being renewed.
Local governments rely on municipal bond markets to fund infrastructure projects. Stranded assets undermine the wealth of local communities. Investors then shy away from government debt for fear they will not be repaid. Cities, townships, counties will increasingly struggle to find investors for their municipal bonds.
Retail investors also fear the curse of stranded assets. As retail investors sell stocks that carry a high risk of stranded assets, share prices will drop. A drop in share price decreases the value of the public's retirement funds.
Millions of people will migrate inward from coastal cities as their homes become uninhabitable. Local and federal governments will have to help them since insurance companies will not.
Communities further inland will have to absorb their new neighbors. All of this change will happen at enormous cost to the taxpayer.
These migrations will happen. The question is when and to what extent. The less warming, the less the inevitable rise in sea level. Our focus is and should be to reduce warming.
Fossil fuels are used to transport goods.
Fossil fuels are also used to manufacture products.
Global warming results from fossil fuels. The transportation of non critical items drives our fossil fuel use. We could manufacture and sell items locally to reduce fossil fuel consumption.
We can also buy items that are not made from plastics. Plastics are made from fossil fuels.
The answer is not to close fossil fuel companies. Another company in a "fossil-fuel-friendly" country would take its place. We should focus first on our demand for fossil fuels, not the fuel itself.
Decide as a collective how to remove low priority fossil fuel driven products.
Consumers need to change their buying habits. Consumer demand drives business decisions. Consumer buying habits give businesses the power to rely on fossil fuels. But consumers have no easy way to understand their carbon footprint.
Businesses should stop selling items derived from fossil fuels. Second, they should revamp their supply chains to buy locally.
Government must lead the way.
Government can and should play a key role in these discussions. But governments can not lead small and mid sized business owners until they do this work themselves.
Governments need to focus on their Scope 3 emissions reporting. Scope 3 covers supply chain emissions. It asks you to assess your upstream and downstream supply chain. These emissions represent the vast majority of your greenhouse gas emissions. There is a growing movement to encourage full reporting of Scope 3 emissions, across each of the 15 categories. Join the movement.
Organizations bear the bulk of the burden for the shift away from fossil fuels, not consumers. If consumers are not responsible, and we need SMBs to fund the migration of people, what is the solution?
People often say the solutions to climate change exist. They confuse solutions with outcomes. The solutions have yet to be explored in a serious way, at scale.
MobiCycle can help you understand and assess Scope 3 emissions for your electronic and electrical equipment.