Data Analytics & Modeling
Does your CFO know this?
Michael Bloomberg is gaining a high public profile. His self-funded campaign to win the Democratic Party nomination for President of the United States is bringing him to the attention of many people on both sides of the border.
The public may have some familiarity with Mr. Bloomberg. He was Mayor of New York City. Many like me, get our business and markets news from Bloomberg News services.
What people may not know, is the impact Michael Bloomberg is having on energy markets.
For large carbon emitters, June 1 is the most important day of the year. June 1 is Environment Canada’s deadline for reporting Greenhouse Gas (GHG) emissions for the previous calendar year. The report is due for every site that emits more than 10,000 T CO2e, regardless of whether the site is in the output-based pricing system or not.
For many companies, utility bills go straight to accounting. Unfortunately, those who need the data for reporting and conservation purposes are disconnected from those in the organization receiving the utility data for payment. This typically results in significant and unproductive administrative time as sustainability managers go back and forth with colleagues in accounts payable to get the data they need.
THIS IS WHAT YOUR COMPANY SHOULD DO INSTEAD
Consider the constant, humble Utility Bill. Bill shows up like clockwork each month to tell his customers how much energy and water they used and how much it cost. Yet the only thing the customer pays attention to is the money they owe. Looking at him, they think, “Boring Utility Bill.” Only Accounts Payable will talk to him.
The cheque is cut. The payment is posted. No one gives Bill a second glance. He has quietly delivered a simple, single message. Utility Bill has so much more to offer others throughout the company, but he is typically unappreciated and ignored. Utility Bill disappears under layers of other paper. “Poor Utility Bill”. He has become buried treasure, a diamond in the rough.
Will hydrogen be Canada’s fuel of choice? David Layzell believes that could happen.
Canada’s commitment to transition to a low carbon economy by 2050 will require a comprehensive rethink of fuel sources and uses, the Alberta based researcher told a webinar audience on February 6. “We can’t predict the future. We can invent it.”, Layzell said.
David Layzell is inventing Canada’s future. He is one of the founders of the Transition Accelerator, a non-profit organization established to create system level pathways into the low carbon economy.
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OG Link:
https://360energy.net/february-newsletter-2/
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