Carbon cuts & companies

Carbon cuts & companies
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First Published: Sat, Feb 02 2008. 01 03 AM IST
Updated: Sat, Feb 02 2008. 01 03 AM IST
After literally being booed at Bali for its refusal to set goals for greenhouse gas emissions, the US government has now shifted gears and is showing some flexibility. This week’s discussions among 17 major economies in Honolulu have led some European delegates to express the hope that the US would take the next step and agree to set targets—which is a must for a new international climate change agreement to be ready by 2009.
If the Bush administration is still not convinced, it must accept the responsibility. It should note a new Accenture study, reported in The Independent, UK, which surveyed 500 big businesses in Britain, the US, Germany, Japan, India and China. The survey’s findings refute Bush’s claim that global warming is best addressed by voluntary measures taken by business.
It found that nearly nine out of 10 firms don’t rate it as a priority; and four out of five companies want governments to take a central role in tackling climate change.
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First Published: Sat, Feb 02 2008. 01 03 AM IST