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    Reflection Paper On Climate Change Webinar

    Uploaded by

    kris salac
    - The document contains a student's response to an assignment with the hashtag "#RenewToStartAnew" - The student discusses how fossil fuel usage has led to pollution and climate change over the past 142 years and that a transition to renewable energy is needed. - Solar and renewable energy sources are highlighted as being more cost-effective over time and better for the environment as they do not cause pollution or greenhouse gas emissions. - The student proposes conducting research on transitioning the company to renewable energy, presenting the pros and cons to management, and pitching the benefits of adopting renewable energy from a business and social responsibility perspective.

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    Reflection Paper On Climate Change Webinar

    Uploaded by

    kris salac
    91 views1 page
    - The document contains a student's response to an assignment with the hashtag "#RenewToStartAnew" - The student discusses how fossil fuel usage has led to pollution and climate change over the past 142 years and that a transition to renewable energy is needed. - Solar and renewable energy sources are highlighted as being more cost-effective over time and better for the environment as they do not cause pollution or greenhouse gas emissions. - The student proposes conducting research on transitioning the company to renewable energy, presenting the pros and cons to management, and pitching the benefits of adopting renewable energy from a business and social responsibility perspective.

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    Reflection Paper on Climate Change Webinar

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    - The document contains a student's response to an assignment with the hashtag "#RenewToStartAnew" - The student discusses how fossil fuel usage has led to pollution and climate change over the past 142 years and that a transition to renewable energy is needed. - Solar and renewable energy sources are highlighted as being more cost-effective over time and better for the environment as they do not cause pollution or greenhouse gas emissions. - The student proposes conducting research on transitioning the company to renewable energy, presenting the pros and cons to management, and pitching the benefits of adopting renewable energy from a business and social responsibility perspective.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    91 views1 page

    Reflection Paper On Climate Change Webinar

    Uploaded by

    kris salac
    - The document contains a student's response to an assignment with the hashtag "#RenewToStartAnew" - The student discusses how fossil fuel usage has led to pollution and climate change over the past 142 years and that a transition to renewable energy is needed. - Solar and renewable energy sources are highlighted as being more cost-effective over time and better for the environment as they do not cause pollution or greenhouse gas emissions. - The student proposes conducting research on transitioning the company to renewable energy, presenting the pros and cons to management, and pitching the benefits of adopting renewable energy from a business and social responsibility perspective.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Salac, Ramon Kristian

    A-221
    Class Code: 6325

    A. Come up with a creative and witty hashtag (or slogan) to capture your main take-
    away from the Managerial Economics in a Changing Climate. The hashtag may
    be about your aspirations about solving the many environmental problems that
    plague our planet, advocacies you want to advance, or just a direct message you
    want to convey to others about taking care of the only planet we have. (10
    points)

    B. Using your hashtag or slogan in (1) as starting point, write a reflection paper on:
    1. the reality (it’s not a hoax!) of climate change due to human activity; (5
    points)
    2. how solar and other renewable sources of energy can curb our appetite
    for fossil fuel in economic and financially viable ways, (5 points) and
    3. how will you, as business managers in the future, convince your employer
    that it makes better business sense for the firm to adopt more eco-
    friendly energy sources. (10 points)

    My Hashtag: #RenewToStartAnew

    #RenewToStartAnew, for more than a century, we’ve been utilizing the use of
    fossil fuel as a source of our energy, and it eventually reached the point where we
    became dependent on it. However, this dependence has given our environment a huge
    problem, pollution, and climate change. Fossil fuels are burned and due to this process,
    they release greenhouse gasses that trap heat within our atmosphere. This then
    contributes to global warming, which causes our climate to change as the temperature
    trapped inside our atmosphere gradually increases. Please do note that even though
    this increase is gradual, we’ve been using coal since the 1880s which means we’ve
    been experiencing this gradual increase for about 142 years, not to mention the rapid
    adoption of this form of energy a few decades after its invention. It is time to
    #RenewToStartAnew as our environment continues to deteriorate and our dependence
    to fossil fuels have fueled many economic problems. A new beginning towards the right
    path must be made and followed.

    Solar and renewable energy sources can completely change our appetite for
    fossil fuels due to the fact that they cost less over time and have a better environmental
    impact as they do not cause pollution and greenhouse gas accumulation. The case
    study which was shown in the webinar, clearly states that Pampanga’s best would save
    up to 6 pesos per kilowatt when they utilize solar energy as they could even assume
    that the transmission cost of grid energy is 0 but would still have a lower cost. This goes
    to show how eco-friendly and cost-effective renewable energy is.

    I think the keys to convincing my future employers to switch to renewable energy


    sources are social responsibility and the concepts of financial management and
    managerial economics which is to maximize profit. This would tip the cause of adopting
    renewable energy in the concept of the “better business sense” as it touches on social
    issues and business efficacy and efficiency. The first thing I would do would be to ask
    my superiors if I can conduct a case study along with third-party experts on solar or any
    renewable energy we wish to adopt, then I would review the results and analyze all pros
    and cons and opportunity cost that we would encounter if we wish to transition to
    renewable energy. After completing the research, I would create a presentation
    highlighting the advantages and positive effects of adopting renewable energy along
    with its possible drawbacks. I would pitch the idea to the best of my ability along with the
    facts that I have gathered with the renewable energy source experts and hope for the
    best afterward.

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