Wednesday, 17 November 2010

Leading Businesses Want Low Carbon Economy

A report from business leaders in the UK and India has recommended that the two countries work together to build low carbon economies.

The companies involved include Rolls Royce, HSBC, and Marks & Spencer. They believe - based on their own experiences - that businesses can be sustainable and profitable. If this were extended to entire enonomies it would help to "combat the impacts of rising energy prices, enhance energy security and reduce the risk of human induced global climate change" and it "increases resource efficiency, productivity and competitiveness, and leads to the creation of high quality jobs across a range of sectors".

So there you have it: Hard-nosed CEOs saying that we can cut carbon, be sustainable, and not ruin the economy!

The report was aimed at the UK and Indian governments, and both have reacted very positively, recognising the huge potential for jobs, growth, and environmental protection. The UK Environment Minister Greg Barker saw such a bilateral collaboration as a means to demonstrate to the rest of the world that moving to a low carbon economy was "compatible with continued economic growth". In his opinion, that was the only real issue holding back the success of climate talks.

Well, what are you waiting for, Mr Barker? Time to get things rolling.

More background here.

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