Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Defense Contractor: Climate Change Could Create "Business Opportunities"
#1
While most people regard man made climate change as endangering our one and only planet and our own and our children's survival on it some others are just cashing in. Profits of Doom.
Quote: Defense Contractor: Climate Change Could Create "Business Opportunities"


Raytheon is worried about the risks of global warming. But it also thinks climate-related "security concerns" could boost demand for its military products.

By Jeremy Schulman
| Wed Aug. 14, 2013 3:00 AM PDT



[Image: tomahawk630a.jpg] US Navy photo/Wikimedia Commons
Of all the business opportunities presented by global warming, Raytheon Company may have found one of the most alarming. The Massachusetts-based defense contractorwhich makes everything from communications systems to Tomahawk missilesthinks that future "security concerns" caused by climate change could mean expanded sales of its military products.
Raytheon, it should be noted, isn't exactly gunning for catastrophic global warming. Quite the opposite, in fact: In February, the company received a "Climate Leadership Award" from the Environmental Protection Agency for publicly reporting and aggressively reducing its greenhouse gas emissions. It's working on renewable energy technologies. And it has publicly warned of significant climate-change-related risks to its businessfrom things like hurricanes, floods, droughts, and forest fires.
Raytheon anticipates "demand for its military products and services as security concerns may arise…as a result of climate change."
So it's particularly striking that these very same climate-induced disasters could also have a financial upside for Raytheon. Like many other companies, Raytheon regularly submits information to the nonprofit Carbon Disclosure Project about its carbon reduction efforts and how climate change could affect its business. In response to a question about climate-related opportunities, Raytheon wrote [registration required] last year that "expanded business opportunities are likely to arise as consumer behaviour and needs change in response to climate change."
What kind of business opportunities? Raytheon cites its renewable energy technologies, weather-prediction products, and emergency response equipment for natural disasters. But the company also expects to see "demand for its military products and services as security concerns may arise as results of droughts, floods, and storm events occur as a result of climate change."
The document says that these extreme weather conditions could have "destabilizing effects" and that on an international level, "climate change may cause humanitarian disasters, contribute to political violence, and undermine weak governments":
Recent actions and statements by members of Congress, members of the UN Security Council, and U.S. military officers have drawn attention to the consequences of climate change, including the destabilizing effects of storms, droughts, and floods. Domestically, the effects of climate change could overwhelm disaster-response capabilities. Internationally, climate change may cause humanitarian disasters, contribute to political violence, and undermine weak governments. Customers' needs are changing as the world transitions to a low-carbon economy where energy efficiency, renewable energy, and highly efficiently energy delivery becomes paramount. Expanded business opportunities will arise to Raytheon as a result of these security concerns and the possible consequences.
Raytheon says in the document that these opportunities are "very likely" to occur 6 to 10 years down the road, but the company doesn't specify which military products in particular it thinks could become more popular. Jon Kasle, a Raytheon spokesperson, declined to elaborate on specific, future business opportunities, citing "competitive and other reasons." Kasle did highlight Raytheon's work on the Joint Polar Satellite Systema National Oceanic and Atmospheric Administration program to monitor environmental and weather conditions. In addition, Kasle cited a mobile air traffic control system, recently purchased by the US Air Force, that he noted "could be used in humanitarian missions such as supporting recovery from a hurricane, flood, or other natural disaster." Raytheon's website suggests it could be useful on a "remote battlefield," as well.
Kasle also emphasized that the Carbon Disclosure Project document "details the company's extensive commitment to environmental stewardship and related, substantive programs."
A recent study noted that "some forms of intergroup violence…tend to be more likely following extreme rainfall conditions."
Raytheon certainly isn't alone in contemplating the potential for climate-related conflict. Recently, a group of researchers published a paper in Science concluding that global warming could substantially increase the frequency of violent conflict. The paper, which surveyed dozens of academic studies, noted that "some forms of intergroup violence, such as Hindu-Muslim riots [in India]…tend to be more likely following extreme rainfall conditions" and that low water availability, very low temperatures, and very high temperatures "have been associated with organized political conflicts in a variety of low-income contexts." That may be happening in Syria, where some experts believe that a severe drought helped spark the country's bloody civil war.
Raytheon also isn't the only defense contractor thinking about both the risks and opportunities associated with government responses to a warming world. Boeing, for example, says in a Carbon Disclosure Project report that its business could be impacted by the US government's "increasing focus" on renewable energy. And Lockheed Martin states that the reputational boost from its efforts to reduce carbon emissions could help it win defense contracts.
http://www.motherjones.com/environment/2...e-security
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
Reply
#2
Where some recognise catastrophe, others see a business opportunity.

Disaster capitalism = LIHOP

Shock therapy = MIHOP
"It means this War was never political at all, the politics was all theatre, all just to keep the people distracted...."
"Proverbs for Paranoids 4: You hide, They seek."
"They are in Love. Fuck the War."

Gravity's Rainbow, Thomas Pynchon

"Ccollanan Pachacamac ricuy auccacunac yahuarniy hichascancuta."
The last words of the last Inka, Tupac Amaru, led to the gallows by men of god & dogs of war
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  On Human-Induced Climate Collapse and how Capitalism and too many unaware humans are to blame. Peter Lemkin 0 21,804 01-09-2017, 12:55 PM
Last Post: Peter Lemkin
  Youth activists want Tillerson deposed on suppression of climate change Peter Lemkin 0 8,385 02-01-2017, 09:01 PM
Last Post: Peter Lemkin
  The Link Between Anthropogenic Climate Change & War - New Report Confirms Link Peter Lemkin 6 6,529 01-09-2011, 02:05 AM
Last Post: Gary Severson
  Scientists Create First Synthetic Life Form! Peter Lemkin 10 8,496 21-05-2010, 09:00 PM
Last Post: Peter Lemkin
  The Business of Climate Change: Which Companies Are Cashing In On Global Warming? Magda Hassan 0 3,024 19-04-2010, 11:21 AM
Last Post: Magda Hassan
  Greenpeace: US oil company donated millions to climate sceptic groups Jan Klimkowski 1 3,177 30-03-2010, 07:22 PM
Last Post: David Guyatt
  Derrick Jensen - Forget Shorter Showers: Why Personal Change Does Not Equal Political Change Magda Hassan 0 3,741 09-07-2009, 01:34 AM
Last Post: Magda Hassan
  Change We Can Believe In: How About the End of Farmers Markets? Say Hello to H.R. 875: Food Safety Magda Hassan 3 4,718 13-03-2009, 12:53 PM
Last Post: David Guyatt
  EXCELLENT Discussion On Global Climate Change Tipping! Peter Lemkin 0 3,533 26-02-2009, 05:53 PM
Last Post: Peter Lemkin
  The Billionaires Who Finance Climate Science Denial and Tea Parties 0 486 Less than 1 minute ago
Last Post:

Forum Jump:


Users browsing this thread: 1 Guest(s)