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climate change energy policy dow perspective december 14 2004 gordon slack business director energy n.
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Committed to Sustainable Development

Committed to Sustainable Development

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Committed to Sustainable Development

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  1. Climate Change & Energy PolicyDow Perspective December 14, 2004Gordon Slack Business Director - Energy

  2. Leader in Chemicals, Plastics and Ag Products • Annual sales of $33 billion • Serve customers in 180 countries • 46,000 employees • 10essential markets: • Food • Building and Construction • Transportation • Furniture and Furnishings • Paper and Publishing • Home Care and Improvement • Personal and Household Care • Health and Medicine • Water Purification • Electronics and Entertainment • Committed to Sustainable Development About Dow

  3. Global Dow CO2 Eq. Emissions Global Emissions Trading

  4. Dow’s Balancing Act EU/Canada/ Japan Developing Countries United States Passive advocacy Plan for future Manage growth Seek credit opportunities Active advocacy Implementation + Plan for a Global Future

  5. United States GHG Status No Federal trading directive • RGGI – Eastern states directive • Voluntary systems - CCX • State lawsuits against utilities • McCain/Lieberman potential legislation

  6. Global Trading Challenges for Dow Infrastructure needed to monetize carbon • Measurement • Data management system • Emissions forecasting • Price forecasting • Updated credit balances • Trading responsibility • Verification and auditing • Business cost integration

  7. Dow’s Climate Change Vision Dow contributes to the solution of climate change by developing & commercializing sustainable, climate friendly products and technologies and by reducing its GHG emissionsper unit of production.

  8. Climate Change Team Structure Strategy Board was formed to direct ACTION: • sub-teams formed and chartered to GO DO

  9. External Stakeholders Climate Change Team Structure Energy Conservation & Efficiency Team Renewable Energy Team Regional Strategy Teams GHG Offset Project Team Biz. Opportunity /New Technology Team CC&EP Strategy Board Comms. & Advocacy Team Emissions Trading Team Site Emissions Management Teams Emissions Infrastructure & Implementation Team Climate Change Metrics Team External Stakeholders

  10. Sustainable Opportunities • Efficiency & Conservation • Dow products/technology • Renewable energy • CDM projects • Coal gasification • Value-added credit trading • Dow Ventures

  11. * Living.Improved Daily. *Trademark of The Dow Chemical Company