Pre-empting the energy shockwave
The inevitable long-term rise of energy prices poses a serious risk to corporate profitability. A Deloitte study, released at the World Economic Forum in Davos in 2009, showed that even modest 3.5 per cent year-over-year increases in energy and resource input costs could wipe out the profitability of a vast number of North American firms.
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March 26, 2012 | Posted by Erudyte Ltd | pp. Jim Harris
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