Investment in solar panels, biodiesel, sustainable waste management and wind turbines is increasing steadily. It is expected that the ‘eco-innovation “in the coming years will become a key economic sectors. One of the sectors that could benefit from sustainable investment in renewable energy is the tourism industry, more specifically the hotel sector. With better energy efficient hotels, profits are sure to increase. Don’t waste your energy searching for great deals on Sydney hotels check out Expedia first for the best prices!
Impact on business
Climate change has a serious impact on business. First there are the physical consequences: less severe winters, hotter summers, droughts, water scarcity, etc. Moreover, the law tightened so much in recent years that companies have to take into account more restrictions and parameters. Both international conventions into legislation at national level were introduced. Best known is probably the Kyoto treaty on greenhouse gas emissions. Failure to comply with environmental standards has heavy fines as a result. The awareness is increasing among both consumers and producers and the environment friendly nature is increasingly becoming an important issue, and this for both groups. All sectors of the economy have to do . Each sector has its own regulations or in the field of energy. Think of the automotive and aerospace industries or utilities. But the insurance industry to experience this first hand. Because there are more sschadegevallen natural disasters.