Global Thermostat (GT) is a high technology startup has developed proprietary technology to help close the carbon cycle through direct capture of carbon dioxide from the air and stabilize the global climate. The case offers a chance to analyze the increase of a startup high technology company, possible solutions to this complex challenge, along with the effect of climate change on society bringing disruptive technology to the market.
The case explores issues associated with disruptive technology-driven change in a large, tremendously successful business that has many strong vested interests. It concludes with questions when addressing climate change surrounding trade-offs between corporate versus social responsibility. The case discusses challenges related to growing a start up high technology business including proof of concept, financing, scaling and globalization are highlighted, as are challenges associated with successful navigation of the "technology hype cycle" and commercialization of what promises to be disruptive technology. The case also provides a summary of the clean technology sectors along with the energy, as well as their regulatory circumstances.
It discusses effects and drivers of environmental degradation attributed to climate change. Motivations and aims of the prominent cofounders; Graciela Chichilnisky, creator of the carbon market enshrined in the emissions treaty of the United Nations Kyoto Protocol; and Dr. Peter Eisenberger, a distinguished professor of Earth and environmental sciences at Columbia University with deep energy industry experience, and their executive team are investigated.
PUBLICATION DATE: November 15, 2015 PRODUCT #: TB0405-HCB-ENG
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS
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