AUTONOMOUS NEGOTIATIONS
This is an important point . The problem with attempts at reducing greenhouse gas emissions is that enterprises simply don ' t have the ability to control the supply chain two steps down the line ( Scope 3 emissions ).
“ However ,” says Rand , “ using the amount of carbon offset or reduction as a tradeable term in negotiations will mean that it becomes an asset that is traded throughout the supply chain .
“ Such use of the invisible hand of the market economy is much more effective than mandating suppliers to submit plans on carbon reductions .”
66 March 2023