Mohit Vij, Skyline University College, Sharjah,UAE

The issue of environment and Greenhouse gas (GHG) emissions is being given its due importance by many countries, espe- cially the ones which signed on Kyoto treaty in 1997, and agreed to reduce their collective green house gas emissions by 5.2% from the level that was in 1990. Evidently, most of these countries are popular tourism destinations contributing significantly to greenhouse gas (GHG) emissions through their tourism activities, the road transportation being the major one. Thus the drive to reduce emissions will affect decisions in many concerned businesses including tourism industry. Investment decisions taken today will have long-term impacts on emissions for decades to come. The present study aims at exploring some of the possible ways to reduce the greenhouse gas emissions from the environment and provides insight as to how the tourism sector can use them to improve functioning. Out of thirty emission abatement methods presented by McKinsey in its report, five are explored and evaluated on twelve business factors including Porter’s five forces. This study provides reasonable findings to gauge business potential of selected emission abatement methods from the investment point of view and also paves way for future researches in this area.

Keywords: Climate change, green house gas emission, emission abatement, Porter’s five forces

Suggested citation: Vij, M. (2009) Tourism and Climate Change – An Exploratory Study of the business opportunities. Skyline Business Journal, Volume 5, No 2, pp 24-33

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Vij, M. (2009) Tourism and Climate Change – An Exploratory Study of the business opportunities. Skyline Business Journal, Volume 5, No 2, pp 24-33