Businesses call for shift to low-carbon economy

Technology News (May 26 2009) Emissions , Fossil Fuel

1. A group of business executives on Tuesday issued a call for action on energy policy, arguing the cost of moving to cleaner energy technologies in the next decade will avert costs from climate change. The Copenhagen Climate Council, an organization formed to create awareness for global climate negotiations in December, issued the statement at the conclusion of the World Business Summit, a three-day conference in Copenhagen of businesses and climate experts. "The Copenhagen Call" document is a set of recommendations to policy makers, listing six policy changes required for businesses to make investments that will lead to lower greenhouse gas emissions. To create a stronger incentive to invest in green technologies, the group said there needs to be an international carbon market built around a cap on emissions and the ability to trade permits to emit greenhouse gases. The statement said that policy should be based on the target of ... (Read Full Article)

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