Q: Discuss the role played by large MNCs in controlling global emissions of carbon dioxide.
Fig 1: Example of greenhouse gas emissions by gas types.
Presumably, the major cause of global warming; a tremendously worrying occurrence which affects not only the economy but earth as a whole, is the growing ubiquity of greenhouse gases (also known as GHG) and it is no question that activities done by humans has become a catalyst in this catastrophic manifestation. Apart from the generally known carbon dioxide or its scientific name Co2, other gasses such as Water vapor (H2O), Methane (CH4), Nitrous oxide (N2O), Ozone (O3) and Chlorofluorocarbons (CFCs) also comes from the greenhouse gas family. Basically, GHG are gasses that consume and emanate infrared radiation in the wavelength dimension emitted by the earth. In calculating the statistical analysis of greenhouse gasses, the role of carbon dioxide gas is imminent. According to the World Meteorological organization, the surging increment in carbon dioxide levels has propelled the greenhouse gases statistical readings to highs that are unprecedented in the atmosphere. India is currently the world’s leading carbon dioxide emitter with up to 157 million tonnes ahead of China and the United states with readings 85 million tonnes and 53 million tonnes respectively (Jose, 2015). Thus, India itself has contributed almost a third of the global emissions growth in 2014.
Multinational companies customarily possess supply chains and operations spread worldwide including countries which are liable to climate changes such as heat waves, rising sea levels etc. (Terpstra, 2013). MNCs are contrasted from different organizations in regards to the capacity and ability to move assets crosswise over nations and areas and in their part as suppliers of a credit's percentage required to fuel advancement and financial development (Strange, 2003). How does MNC affect the ecosystem?...