LNG is one of the numerous projects that emanate from the Free Market System and does not receive any governmental assistance. Indeed, the government discourages any initiative by LNG in protecting production of domestic natural gas. If the domestic demand outweighs the domestic natural gas production, developments by LNG are financially pretty. Currently, LNG market share is approximately 1%, and it could rise to about 20% in 2025. Evaluation on LNG projects continues based on universal supply, import capability, the capacity to incorporate supplies into the accessible infrastructure, safety from natural calamities and terrorism, preserving the environment and ascertaining public security.
However, greenhouse emission is now a global issue, and if the government fails to intervene, the Wesfarmer efforts are futile. In order to reduce the mission, the government is capable of providing resources for persons that desires to employ green energy, decrease their energy production, generate their own energy using solar panels, wind or even hydro power. The government offers this assistance by offering grants and tax breaks. In addition, the government is able to stabilize the amount of greenhouse emissions by adopting powerful climate change policies that slows and reverses the emission trends.
For instance, for the government to stabilize the gas emission at 445- 490 ppm, CO2 level should be very high by year 2015 and later fall to 50-85 % of 2000 levels by year 2050. This limits the global mean temperature increases from 2- 2.4 °C. The government can also motivate the private organizations to invest their resources in inventive technologies by offering incentives that are unambiguous, conventional enduring, and healthy. The government plays significant roles in assisting industries reduce the dangers of Carbon leakage and offer them some transitional help. These indirectly assists industries contribute to the global effort of reducing carbon emission.
In addition, reducing CO2 will help increase branding value for Wesfarmer. This is one of their priorities as they have already experienced some positive momentum for its Coles, Kmart, and officeworks businesses. If the carbon price is introduced using a practical mitigation plan, then, energy consumption is cut by 11%, regardless of increase in sales by 20%. Another way of reducing CO2 is through conservation of resources with a view of energy efficiency and reduction of waste, for instance, installation of a cardboard baler to enhance recycling effectiveness and cut down operational costs. The branding value for Wesfarmers increases since in the process of installing the cardboard, the waste costs reduces and some plastics are recycled, thus, lowering the rate of Landfills. The branding value for Wesfarmers increases since, they receive rebates from the sales of cardboard to other companies. The waste provider pays for each ton of cardboard received.
Wesfarmers arranges the bales in compacts, and this permits the waste provider to decrease the collection trips for both the cardboard and the plastics, therefore, reducing the Greenhouse emissions while on transit. In addition, Wesfarmers tries to decrease the lighting needs within and instead pilots more high …