Market conditions in a
low carbon economy
Session two examined how customers and investors are adapting to the low carbon economy. Carl Mortished of the Times opened the session with an overview of the effect that carbon and climate change are having in the wider economy. This was followed by Paul Dickinson, who emphasised the impact of climate change and the growing importance that investors are placing on accurate carbon reporting and effective carbon reduction programmes. Finally Richard Tarboton from BT discussed the value his organisation places on a low carbon footprint, and how this is creating new market forces in the electricity market.
Where are the pressures coming from to reduce your carbon footprint?
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Carl Mortished
World business editor, The Times
Carl joined The Times in 1992, as a city reporter. He covered a variety of sectors for the business pages, including several years as editor of Tempus, the paper’s investment column. As world business editor, he oversees the coverage of energy, commodities and multinational trade and investment. He has a weekly column, World Briefing.
Born in Canada of Irish parents, Carl Mortished spent his childhood in the United States and Switzerland. He has a law degree from McGill University, Montreal. His early career was in the city, working in the corporate finance department of UBS Phillips & Drew, then the investment banking arm of the Swiss bank.
Carl Mortished is on the advisory Panel of Birmingham University's Institute of Energy Research and Policy. |
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Paul Dickinson
Chief executive, The Carbon Disclosure Project
Paul founded The Carbon Disclosure Project in 2000 and previously founded and developed Rufus Leonard Corporate Communications and more recently EyeNetwork, the largest video conference service in Europe. Paul is a member of the Environmental Research Group of the UK Faculty and Institute of Actuaries. He is the author of various publications including ‘Beautiful Corporations’.
He is a former board director of Social Venture Network Europe and has an MSc in Responsibility and Business Practice from University of Bath. |
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Richard Tarboton
Head of energy and carbon management, BT Group
Richard is head of energy and carbon management for BT Group plc. His team have overall responsibility for BT’s energy and carbon strategy and for energy trading operations across all BT businesses. BT purchase 0.7 per cent of the total energy supply in the UK and are the largest buyer of green electricity. Richard’s team is leading a number of projects across BT to achieve an 80 per cent reduction in carbon by 2016 from 1996 levels.
Richard is also director of the BT wind project, which is the largest wind power project by a company outside the energy sector.
In 2006, Richard undertook a senior level secondment to the UK government to lead the development of the government’s climate change strategy for local authorities. Previously, he was head of the transport energy business unit of the Energy Saving Trust.
Richard holds an MBA from Cranfield Business School UK, and an Engineering Degree (first class) from WITS, South Africa. |
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