When people look at saving the climate they often look at
stopping dependence on fossil fuels and other things that a select niche of
companies can combat. Any
commercial businesses and even MNCs (Multi National Corporations) can fight
climate change though. These big
businesses can even benefit from being part of saving the climate. Their employees and owners will secure
a brighter future for Earth but they will also get tax benefits and spend less
money in the long run.
One of the best ways that commercial businesses can help to
save the climate is to become more energy efficient. Many big countries will give tax credits to companies that
are able to produce their own power, sometimes they will even pay companies for
extra power that is produced and sent back into the power grid. Installing systems like solar power and
wind power on company land will help companies start to become more
self-sufficient and less dependent on harmful sources of power.
Businesses should also commit to having energy efficient
technology and appliances in all of their offices and locations. This will cut down on bills and aid the
climate at the same time. For
example, LED light bulbs do not contain any chemicals and last longer. Not only that but they are energy
efficient. Just replacing 500
light bulbs in your business has the potential to save you over $300,000 in 6
years or $1,971 in the first year.
This takes into account replacing the bulbs and the man hours replacing
the bulbs along with annual replacement costs if any. LED light bulbs last a lot longer. Think if you replaced all of your appliances with items this
efficient. Your business could be
making a lot more profit. If you
live in the United States the section that covers tax deductions for energy
efficient company buildings is section 179D.
Along the same lines of thinking many states and countries
will provide tax benefits for companies that utilize hybrid, all electric, or
alternative fuel cars. This is
because these companies are using vehicles that don’t deplete the o-zone. There are a wide variety of vehicles
that fall into these categories available today from compact cars to pickup
trucks. Buses are even made with
alternative fuel capability. No
matter your commercial businesses needs they can be met by a vehicle that can
get you a tax deduction.
Every commercial business and MNC should look into
combatting climate change and become more energy efficient. All businesses and corporations are
about saving money and there is no better way to do that than by supporting the
climate. Becoming energy efficient
is a good start for businesses looking to help the climate. It is their planet too after all.
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