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Climate Change and Corporate Strategies  

Christopher Wright, Daniel Nyberg, and Vanessa Bowden

Corporations play a central role in the political economy of climate change. Since the Industrial Revolution, corporations have been the major producers of carbon emissions. More specifically, companies within the fossil-fuel sector have over time hampered action and legislation to mitigate climate change. Through public relations and corporate political activities, the fossil-fuel sector has implemented strategies to deny the science of climate change and delay urgent action to mitigate its worst effects. However, national governments and international organizations also turn to corporations for innovative solutions to address a worsening climate crisis, and in recent years many corporations have engaged with this issue to a greater degree, emphasizing strategic concern for climate change in terms of risk and opportunity. Key examples include companies developing “green” technologies and products, eco-efficiency initiatives, the uptake of renewable energy, and an increased awareness of the physical risk of climate-induced extreme weather events threatening operations and infrastructure. This has included corporate commitments to “net-zero” emissions by, for example, 2050. However, the long-term timeframes and lack of detail of these commitments indicate that this strategy is foremost geared toward delaying a transition to alternative economic organizations that are better equipped to deal with decarbonization. These corporate commitments to future change constitute a form of “predatory delay” in defending current practice and appealing to the idea that systemic government intervention is not needed. Overall, corporations have promoted the idea that climate change as a problem of excessive consumption can be solved by further consumption, albeit framed within the innovative capacities of “greener” business and technological innovation.

Article

Opportunities and Drawbacks for Alpine Tourism Under Climate Change  

Franz Prettenthaler and Christoph Neger

Alpine tourism both contributes to the generation of greenhouse gases and suffers the consequences of climate change. This has been apparent in many destinations since the late 20th century and will exacerbate further in the future. It will particularly affect the winter season, which relies heavily on snow-based activities. Since the early 21st century, these effects have largely been dealt with by the use of artificial snowmaking, which will remain an important tool for alpine tourism destinations, despite increasing efforts and costs. The effects of climate change will not be ubiquitous but, rather, will impact low-lying and less prepared resorts first, whereas those in higher elevations and with the necessary infrastructure might even benefit in the short term by shifts in tourist flows away from less attractive sites. Long term, however, climate change is a serious issue for all alpine winter sports destinations, particularly because customers might lose interest in winter activities. Regarding summer tourism, the future looks brighter, and many authors even expect an increase in tourism as other areas such as the Mediterranean become less attractive. Yet other researchers are skeptical of setting too high hopes in these projections because the situation is much more complex than assumed in many models and scenarios, considering for instance the distinct temperature preferences of visitors practicing different tourism activities. The uncertainties regarding the future of alpine tourism are even greater when climate policy, directed toward the mitigation of climate change, is taken into account as well. In this regard, to date there have been no significant impacts, but this might change under future, more extreme climatic conditions, which could lead to bolder policy actions. Moreover, consumers might change their travel preferences, favoring less carbon-intensive alternatives.