(Assignment 1 of 2) Carbon Fee White Paper Topic (200 Words) – termpaperbuddy.com | Instant Assignment Help

Business Finance – – termpaperbuddy.com | Instant Assignment Help

(Assignment 1 of 2) Carbon Fee White Paper Topic (200 Words) – termpaperbuddy.com | Instant Assignment Help

Select a topic for a paper that will come later.

Please review the attached final assignment and write an abstract for a later paper.

This class covers multiple topics on sustainability in the business environment. One innovative approach to sustainability that businesses are implementing is an internal carbon fee. Microsoft’s internal carbon fee is much studied because of its success. Other companies are implementing an internal carbon fee ahead of a possible and pending international carbon tax. In fact, globally, 40 countries and 20 cities now have some version of carbon pricing. A carbon tax sets a carbon price by imposing a tax rate on greenhouse gas emissions. Basically, the more carbon a company or manufacturer emits, the higher the carbon tax on that company or manufacturer. The goal of the tax is to drive down GHG emissions.

An internal carbon fee works similar to a carbon tax; it is applied internally to spur innovation on how a company can reduce and eliminate GHG emissions, fund environmental conservation projects, and drive sustainability initiatives further into the company’s organizational culture. Businesses do not want to be caught off guard if a carbon tax becomes regulation in countries where they do business. Implementing an internal carbon fee acts as a practice in compliance, and it’s strategically smart.

Week 2 Assignment: Submit white paper topic

Your assignment for Week 2 is to submit to your instructor for review and comment an abstract of 150-200 words describing your paper’s focus and identifying three companies (oil & gas in U.S.A.) that you will review. Provide at least five proposed sources in APA format.

Possible companies to choose from include but not limited to:

Company

No. of Refineries

Barrels per Calendar Day (b/cd)*

Tesoro (USA)

7

657,300

BP (UK)^

6

1,368,050

ConocoPhillips (USA)**

13

2,041,000

ExxonMobil (USA)***

7

1,951,490

Valero Energy Corp. (USA)

12

1,682,300

Marathon Oil Corp. (USA)

6

1,142,000

Chevron Corp. (USA)

6

1,027,271

Royal Dutch/Shell (NL/UK)+

8

976,650

PDVSA (Venezuela)#

4

854,050

Koch Industries Inc. (Flint Hills Resources; USA)

3

771,578

Sunoco Inc. (USA)

3

673,000

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