The cost to implements both threats and opportunities to reduce the Climate Change are enormous. Both in terms of financial means, effort and time it takes make changes to the infrastructure of the manufacturers. If a manufacturer is going to change its production plans, it means they have to change their old equipments, add in new machines, change resources and materials which will cost billions of dollars. And if this is happening, it may cause more internal issues within the manufacturer itself, such as lost of jobs for the workers because of the new technology and this may become a big issue.
However, even though this process may be a difficult task to do, the benefits are huge. The results of this process may be noticeable to decrease the risk of climate change and help the environment, thus reducing global warming and its negative outcome. By doing this process at the early stage, automotive industries may save a bit of time and cost before something worse is happening and makes it harder to change. Companies may also feel that by doing so, it may increase their profits and sales because of a new technology that is environment friendly may attract more customers. It is shown that consumers are more willing to buy in a product if it shows that the manufacturers operate responsibly to the global issues.
As a conclusion, the issue of climate change has become a global concern and it has to be avoided as soon as possible. People can already feel that the change of climate may cause a huge problem such as global warming and pollution. Automotive industry, clearly is one of the biggest reason that caused climate change because cars are producing enormous number of carbon dioxide as the emission, and each year, the number of cars on the road is keep increasing at large rate. In response to this issue, car manufacturers are on the way to reduce the risk of climate change by producing more environmental friendly products, change the equipment to create more clean and effective production, thus reduce the chance of climate change. Through this report, we can clearly see that many new measures must be implemented in order to control and eventually reduce the negative effects of climate change in the industry.