Shan Zhou, Author at Sustainable Business Toolkit

All posts by Shan Zhou

Green Industry – The Future Theme For Ecological Modernization

October 17, 2013
/ Sustainability
/ By Shan Zhou

Ecological modernization (EM) is the notion that environmental protection and economic development is supplementary, rather than contradictory to each other. Firms could financially benefit from the adoption of sustainable practices. In the long term, human society will witness the restructure of our economy, as innovation in technology would eventually shift the focus of economy from […]

How Does A Cap And Trade System Work?

October 1, 2013
/ Sustainability
/ By Shan Zhou

The Cap and Trade system (C&T) is a market-based climate policy, which fixes the quantity of carbon emissions (the cap) allowed for certain regulated entities, and lets the price of carbon allowances work out itself. After the cap is fixed, carbon allowances are distributed to regulated industries through either free allocation or auction. The EU ETS is a good example […]