Le Magazine du Trésorier - n°59 - 3eme trimestre 2007 - (Page 4)

LA PAROLE À ANTOINE GEERINCKX ET TANGUY DU MONCEAU, FONDATEURS DE CO2LOGIC Could you please describe your company, CO2LOGIC, and how did the idea and its creation come to existence? My Business partner and I have always been very environmentally conscious. We both make considerable efforts to reduce our global warming impact but we are aware that it is basically impossible with the technologies available today to reduce ones global warming impact down to zero. Early 2005 the Kyoto Protocol was finally brought into force this was the real start to the idea of the economic valuation of carbon dioxide. It would allow Europe to set up the carbon dioxide trading system (ETS). In conjunction this would create the idea that European companies can meet part of their Kyoto carbon reduction objectives by sourcing CO2 credits from projects which reduce carbon emissions in developing countries. This is known as the Clean Development Mechanism (CDM) system. This idea immediately struck us as fascinating and potentially applicable on a voluntary basis to an individual’s personal life to help him or her offset their remaining carbon dioxide emissions to reach zero. We began testing this for small cases such as through offsetting the global warming impact of friend’s cars for their birthdays, making them “CO2 Neutral” drivers etc. Quite rapidly we realized the positive attributes of this service as it was helping our friends become more aware of their global warming impact and it was also helping to financially support real carbon dioxide emission reductions in developing countries and transferAntoine Geerinckx et Tanguy du ring financial Monceau, Fondateurs de CO2LOGIC means towards the South. So nearly three years down the line and after a lot of enthusiasm and hard work you can find CO2logic in it’s current form, working with some of Europe’s biggest companies. In what regards is Global warming a problem for everybody and every company? For some time Global warming has been affecting different countries especially those in the developing world. This has meant amongst many other things, significant increases in desertification in countries like Africa and an increase in flooding in countries like Bangladesh. Scientists have long warned us of accentuation of such occurrences but sadly we have had to wait for it to start impacting our western world to look at things seriously. The recent extreme weather which saw the human death toll in France reach 15000 shows that individuals in our countries are being affected. Business is also suffering with the Association of British Insurers rallying to the cause against global warming after estimating that the British floods of June and July this year have racked up a cost of $6.1 billion to their sector. Other examples include farmers from the southern states of America seeing their seventh year of drought in eight years which is significantly reducing crop yield. It seems everyone will be affected in one way or another even the petroleum industry has suffered huge costs from the catastrophic hurricanes seen in 2005, such as Katarina, which meant 113 offshore platforms were destroyed and 52 more were damaged. The list of the impacts of global warming on the world around us is endless and I would strongly advise everyone to watch Al Gore’s Oscar winning Inconvenient Truth which covers some of these issues. In October 2006 the most detailed and comprehensive study ever undertaken into the economics of climate change was made public. In it, the UK's Chief Economist and former Chief Economist at the World CO2LOGIC vous propose une nouvelle statégie afin d'éviter que le CO2 n'étouffe la terre de ses pulvérisations excessives.. Le Magazine du Trésorier - N° 59

Table des matières de la publication Le Magazine du Trésorier - n°59 - 3eme trimestre 2007

SOMMAIRE
EDITORIAL
LA PAROLE À ... : CO2LOGIC
DOSSIER : FINANCIAL VALUE CHAIN
15 MINUTES AVEC...
VIE DE L’ASSOCIATION
EACT
BRÈVES
INTERNET

Le Magazine du Trésorier - n°59 - 3eme trimestre 2007

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