ABSTRACT
This chapter discusses how companies are implicated in the global carbon crisis. It uses the term "carbon constraints" in a broad sense to refer to limitations regarding established utilization patterns of the element carbon and the corresponding impacts on business conditions. The chapter examines the potential negative effects of carbon use in the industrial process along with its respective sources. It also discusses how important it is for businesses to strive for low-carbon opportunities and generate competitive advantage through proactive climate change and carbon management strategies. Carbon constraints are directly related to the profitability of corporate production processes and activities. Earth's capacity to handle carbon transformations is complex and dynamic. Some carboniferous formations, such as oil and coal, took millions of years of fossilization. Carbon constraints in terms of inputs are related to two aspects: natural scarcity of fossil fuels, and sociopolitical factors such as changing consumption patterns.
