|[January 29, 2013]
Survey: More than 75 Percent of Energy and Utility Professionals Expect an Increase in Environmental Regulations During President Obama's Second Term
PHOENIX, Ariz. --(Business Wire)--
Inc., a global provider of
Environmental ERP (EERP) solutions that measure, manage, report and
reduce environmental and regulatory risks, today announced from
EUEC 2013-America's largest energy, utility and environmental
conference-the results of its fourth annual environmental compliance
survey, administered with attendees from the show floor. This year's
survey tackled several critical topics, including carbon emissions
management and water usage; the number of organizations with a system in
place to track, report, and manage their carbon emissions; and the
impact of certain political trends and events, such as AB 32, the
presidential election and a carbon tax or price.
The survey of energy and utility industry professionals attending EUEC
found the following results:
Carbon Tax: This year's survey showed
that two-thirds of respondents do not have a plan in place to manage
the financial risk associated with the imposition of a cost on carbon,
either through cap and trade or a tax. In last year's survey, more
than three-fifths of respondents said they thought the imposition of a
carbon tax would impact their organization.
AB 32: Is AB 32-under which California
initiated its first carbon credit auction in November 2012-a paper
tiger or is it simpl too early in its implementation for companies to
feel its impact At EUEC, 72 percent of those surveyed said they
thought AB 32 would not have any sort of impact on their organization.
Regulation Reporting Systems: Nearly half
of respondents with emission reporting requirements indicated that
they had no actual reporting system in place. Of the group without any
reporting system, about one-third reported that they were not
currently evaluating any systems to help them meet their reporting
Water Management: Two-thirds of
respondents said that water management is of equal or greater value to
them as managing carbon emissions. This is a big increase from 2012
when more than half of respondents indicated that water management was
either of no importance, or less important than carbon emission
Election Results: 77 percent of attendees
said they believe the results of the presidential election will mean
an increase in environmental regulations over the next four years.
"The fact that nearly half of those with emission reporting requirements
have no actual reporting system in place may be best explained by a
combination of election-year wishful thinking and a sputtering economic
recovery," said Lawrence Goldenhersh, President and CEO of Enviance.
"The re-election of President Obama, followed by his highlighting of
climate in his inauguration speech, and a resurgent economy, assure that
the drum beat of federal regulatory pressure on greenhouse gas emitters
will continue and probably intensify. In light of this momentum,
companies without a compliance management system should consider
implementing one to avoid an otherwise inevitable escalating spiral of
risk and cost."
For more information about Enviance's survey of EUEC conference
attendees or to schedule an interview to discuss the survey results,
please contact email@example.com.
Enviance is the leading provider of Environmental ERP software, with
more than 17,000 users in 49 countries. Our comprehensive solutions have
been developed, tested and proven by serving the world's leading
corporations and government organizations for over a decade. As the
world business community faces increasing sustainability challenges,
Enviance Environmental ERP solutions enable organizations to measure,
manage, and report environmental performance and compliance needs. The
Enviance system leverages cloud computing technology to deliver its
Environmental ERP platform online in real-time-anytime, anywhere and
enterprise-wide. Founded in 1999, privately held Enviance is based in
Carlsbad, California. For additional information, visit http://www.enviance.com.
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