The Louisiana power utility has a strategy for the changing climate
MJP EcoArchives's insight:
Investing in wetlands (and other mitigation efforts) to avoid effects of climate change.
"In September [of 2012], the power utility Entergy (ETR)... announced that it had developed a new framework to compensate landowners for preserving swamps...
At first glance, Entergy’s interest in wetlands could be dismissed as a public-relations exercise—the kind that falls under the rubric of corporate sustainability. Yet it ties into one of the more aggressive climate risk management plans in the country."
"...the encroaching water drives home why the company is investing not only in infrastructure but in wetlands. “We can’t just decide to pick up and go somewhere else. We’re here,” says Steve Tullos, Entergy’s manager of environmental initiatives. “So we need to make here as good a place as it can be.”
...A study commissioned by Entergy identifies $120 billion in investments that would curtail economic losses from climate change."
The aim of this guide is threefold. Firstly, it explains the relationship between biodiversity, ecosystem services and the oil and gas industry. Secondly, it provides a set of checklists to help identify the main ecosystem service dependencies and impacts of oil and gas developments. Thirdly, it highlights key associated risks and opportunities for oil and gas companies, and provides guidance on potential measures for managing them
Method: "In an extraordinary feat of data collection spanning years, the researchers from the University’s Integrated Sustainability Analysis group in its School of Physics gathered data on five billion supply chains, and 15,000 commodities in 187 countries, and compared all this to a register of 25,000 endangered species."
Conclusion: "It’s across the board, the researchers say: developed countries’ demand for sugar, coffee, tea, timber, textiles, and raw materials for manufactured goods (read: blood minerals for electronics) all export environmental destruction to the supplier and cause “a biodiversity footprint that is larger than at home”
The biodiversity check... will provide arguments for decision making regarding the company’s strategy on biodiversity. It assesses, according to the procedure of environmental management systems EMAS III and ISO 14001, potential negative impacts on biodiversity of individual business units, manufacturing facilities, products or processes, and identifies potential risks and opportunities.
"The pilot will focus on making better judgments on agricultural lands, increasing accessibility to clean water, and fostering natural habitats along with protecting and restoring important forests."
The pilot site (Santa Vitória Açúcar e Álcool Ltda. - SVAA) "is developing the largest integrated plant ever for producing biopolymers from renewable sugar cane, which will be powered to some extent by using waste biomass. The pilot will enable Dow and TNC to study how Dow’s operations affect and are affected by natural surroundings and finally devise ways for implementing sustainable solutions that can be applied both locally and globally."
Q: What's the motivation here? Guessing this biopolymer plan needs access to water, which may be in competition with local agriculture - ?? Forest protection - b/c it will increase water quality - so water quality is an important input? Or is this all just community goodwill?
December 2011 marked the unveiling of this tool: the CEMEX-BirdLife Biodiversity Action Plan (BAP) Guidance. A BAP is a document that provides a standard framework for identifying, protecting and enhancing biodiversity at a site, including stages for biodiversity surveys, people engagement and sustainable site management.
Gretchen C Daily, Stephen Polasky, Joshua Goldstein, Peter M Kareiva, Harold A Mooney, Liba Pejchar, Taylor H Ricketts, James Salzman, and Robert Shallenberger. 2009. Ecosystem services in decision making: time to deliver.
Frontiers in Ecology and the Environment. I think the whole issue was on ES.
"Here, we propose a conceptual framework and sketch out a strategic plan for delivering on the promise of ecosystem services... We describe key advances in the science and practice of accounting for natural capital in the decisions of individuals, communities, corporations, and governments."
PNAS (Proceedings from the National Academy of Science) article from 2007. 'Operational model' sounds a lot like the corporate ecosystem services review. OK for theoretical framework. Corp sector has moved on from this since 2007.
"Advocacy group Ceres says of the some 110 resolutions it tracked in 2012, 44 proposals resulted in US companies making commitments to confront environmental and social risks in their operations and supply chains."