article thumbnail

AI-Powered Clean Tech: Transforming Business Operations

Tom Spencer

Artificial intelligence has emerged as a powerful tool in transforming various industries, including renewable energy. AI algorithms rely on having access to large high-quality data sets for accurate analysis and decision-making. Consulting firms can play a vital role in guiding companies through this transformative process.

article thumbnail

The Impact of Carbon Taxation on Supply Chains in China

Comatch

degrees Celsius, compared to pre-industrial levels.” The EU carbon tax will also have a drastic impact on many exporting industries from China. While the industry average price for steel shall see a 16.9% increase, the exporters themselves will take on an 8.1% decrease in profit margins compared to before the carbon tax.

article thumbnail

How AI Is Changing Contracts

Harvard Business

It requires a lot of manpower to draft, execute, and improve not only the contracts themselves, but also the contracting processes and the transactions these contracts govern. And it can reduce the risk of human error in contract drafting and review. New Processes Require New Skills.