Appealing to the bottom line
The Edge, 28 February 2007
"Scientists say there is a small window of opportunity of about 10 years to reduce carbon and other greenhouse gases that cause climate change. Our only hope is to take the lessons from the past and move towards a low-carbon economy, a sustainable economy. We need to start thinking about adaptation, that is, adapting to the inevitable effects of climate change," say Dr Kenny Tang and Ruth Yeoh, the editors of Cut Carbon, Grow Profits - Business Strategies for Managing Climate Change and Sustainability.
Climate Change Week - Activities
YTL Community, 16 February 2007
Ruth Yeoh, YTL Corporation finance director and co-editor of soon-to-be-launched book, 'Cut Carbons, Grow Profits', gives an outline on the programme for the Climate Change Week, 6th-9th March 2007.
YTL launches Climate Change Week
YTL Community, 14 February 2007
The solutions, by consensus of the world’s most foremost experts, is carbon tax. In essence, it must be applied to every industry that uses fossil fuels, every home or building with a heating system, every motorist, and every public transportation system. Believe me, the moment you put even a modest price on carbons emitted, we’ll immediately see the smart engineers from corporations worldwide coming up with a wealth of innovations, designed to save fuel, as well as new incentives to conserve energy and reduce carbon emissions.
It's global heating not global warming!
YTL Community, 12 February 2007
In effect we end up treating the planet as if it were a business in liquidation. If you were managing a business, you would be considered grossly negligent if you had no idea of your assets or cash flow. Yet this is how we manage our environmental resources.
A fixed-income solution to global warming
FT.com, 25 January 2007
"Climate bonds would bring stability, predictability and certainty to the grant process for developing countries by locking in future grant commitments compared with the annual approval process that is subject to the prevailing economic and political situation.In effect, climate bonds would allow vital climate change adaptation and mitigation projects in fresh water, food production and other areas for developing countries to go ahead immediately with investors' money, which would be repaid by legally binding sovereign governments' grant payments," say Dr. Kenny Tang and Ruth Yeoh. Ruth is the daughter of YTL Group chief Tan Sri (Dr.) Francis Yeoh. She is finance director of YTL Group and is currently working at Credit Suisse.