PG&E, California’s largest utility, announced that it would be auditing greenhouse gas emissions in its supply chain.
The market for carbon management software and services for the manufacturing sector is expected to grow by 33 percent annually from 2009 to 2017, according to “Carbon Management Software and Services,” a new study by Pike Research.
According to an executive summary of the report, Western Europe will remain the largest market for carbon management software until 2011, at which point it will be overtaken by North America. The market is expected to reach $124 million in size this year, and grow to $742 million in size by 2017. Global manufacturing accounts for about 40 percent of global greenhouse gas emissions, according to the report.
The report cited mounting pressure on manufacturers to report their emissions and improve on environmental efficiencies by large end customers such as Wal-Mart, Whole Foods, and Costco. Just recently, PG&E, California’s largest utility, announced that it would be auditing greenhouse gas emissions in its supply chain.