Business to Bali: Yes!

"[W]e believe that tackling climate change is the pro-growth strategy. Ignoring it will ultimately undermine economic growth."

The Bali Communique, shepherded by Britain's Prince Charles, was signed by over 150 leaders of various global businesses.  They include GE, Johnson & Johnson, Kodak, Nokia, Shanghai Electric, and VW, among others— and call for a strong global commitment to address the challenge of global climate change.  The communique also said,

"The shift to a low-carbon economy will create significant business opportunities. New markets for low carbon technologies and products, worth billions of dollars, will be created if the world acts on the scale required."

So much for the idea that CO2 reduction is anti-business.

Tip: SusHI

 

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