Climate change poses the difficult question of how society must change in response to a possibly radically changing environment. Society, organisations, businesses and individuals will need to change if they are to turn climate change risks into opportunities and benefit from them. In this module, you will develop your understanding of different aspects of organisational and individual change and the transformation needed to address climate change. The module will develop an appreciation of the pressures for change faced by society, why change is unavoidable, and the timing, scope and pace of change required. It will also focus on how legislation is needed to form change, and how change can be delivered without top-down interventions. Importantly, the module will show how leaders can implement change successfully.
Energy Economics and Strategy
The modern world, and its economic development, has relied on plentiful supplies of cheap energy, primarily from oil. Meeting our demand for oil requires the development of ever more inaccessible oilfields. Heavy investment in cleaner – and mostly more expensive – resources will be needed to mitigate climate change. This module applies economic and strategic tools to the analysis of energy choices, and to the government policies designed to influence these decisions. The module will recognise the technological factors that influence economic outcomes and how market factors must take these into account.
Climate Change and Governance
The upcoming Conference of Parties (COP21) in Paris 2015 reminds us of the complexity of the IPCC process and climate negotiations. This module will provide an understanding for how climate change legislation is formed and the extent to which governance is then required. We will analyse how national and international climate policies are formed, implemented and regulated. With reference to greenhouse emission targets, the module will use case studies from a variety of industries (energy, transport, manufacturing, construction) to assess how business responds to climate legislation.