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This question is related to direct-action and CO2 reduction policies:

When working at a company in the Australian transportation sector. Assume the Head of Business Solutions at your company has asked you to briefly:

a.Identify and rank two risks to Australian transportation sector from climate change and outline how these risks may disrupt the firm's capacity or profitability.

b.Identify one opportunity that climate change policy presents the sector? (brainstorm opportunities that current Australian climate change policy may deliver to your business. For example, the sector may be eligible for government funding under the Direct Action Plan if the sector can reduce CO2 at low cost, or if your sector is clean energy then CO2 reduction policies will lead to higher demand for your sector which in turn promises good business growth and expansion)

c.Based on the "no regret" strategy answer the following:- Identify the best strategic choice available to the sector (-note that the strategic choice needs to be based on the risks and opportunities discussed in question (2a) and (2b). It should also be No-regret.)