word limit: 2000 words Real-world scenario: The Australian Government introduced a Carbon Tax in 2012 to mitigate greenhouse gas emissions and to tackle the serious environmental problem of climate c

Concept Ma p for Major Project (ECO3CCE) Risks and/or opportunities CLIMATE CHANGE Policies Sector or business CLIMATE CHANGE Physical impacts Concept Ma p for Major Project (ECO3CCE) “The biggest challenge facing nation states in the 21 st century is climate change” What are the i mpacts of climate change on your chosen sector Explain the two policies (Use answer from tutorial 3 to help) 1) The former Labor Government’ s Carbon Tax 2) The Direct Action Plan (Funded by the ERF) Concept Ma p for Major Project (ECO3CCE) Impact of climate change polices on your chosen sector 1) What ar e the risks to the sector? E.g. were firms liable to pay the carbon tax? How likely is it that they will be in the future? 2) What are the opportunities? E.g. can firms profit with emissions reductions, new technologies … Outline adaptation strategies What are some adaptation strategies or other corporate strategies for the sector/firm to position itself in a carbon constrained world?