Smart energy: where do we stand and where should we go?

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PREFACE

Smart energy: where do we stand and where should we go? Johann Kranz & Lutz M. Kolbe & Chulmo Koo & Marie-Claude Boudreau

# Institute of Information Management, University of St. Gallen 2015

Introduction Although public concern about environmental issues has been growing, the global efforts towards greater environmental sustainability have not been able to stabilize—let alone decrease—the level of GHGs in the atmosphere (IPCC 2013). Still worse, in 2013 the level of carbon dioxide (the main GHG produced by burning fossil fuels such as coal and oil) in the atmosphere surged at its fastest rate in 30 years (IPCC 2013). Annually, about 50 billion tons of additional carbon dioxide are emitted (The Economist 2014). There is a consensus among academics that, by 2100, in order to avoid “dangerous anthropogenic interference with the climate system” (UNFCCC 1992), the global mean temperature must not increase more than two degrees Celsius above pre-industrial levels. To stabilize carbon dioxide concentration at this level, J. Kranz (*) Chair of Management Information Systems and Methods, University of Göttingen, Platz der Göttinger Sieben 5, 37073 Göttingen, Germany e-mail: [email protected] L. M. Kolbe Chair of Information Management, University of Göttingen, Platz der Göttinger Sieben 5, 37073 Göttingen, Germany e-mail: [email protected] C. Koo College of Hotel & Tourism Management, Kyung Hee University, 26 Kyunghee-dearo, Dongdaemun-gu, Seoul 130-701, South Korea e-mail: [email protected] M.