Monday, March 29, 2010

"Climategate" blow fragments corporate response to global warming - 29 Mar 2010 - BusinessGreen.com
Survey reveals more than half of respondents believe "jury is still out" on the urgent need to tackle climate change
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The corporate response to climate change has become increasingly fragmented in the past year as the combination of the "climategate" scandal, the disappointing conclusion to the Copenhagen summit and the global recession has led some firms to voice scepticism over the need to take action to curb carbon emissions.

That is the conclusion of a major new survey from the Economist Intelligence Unit, which polled more than 540 senior executives, and found that while a number of firms remain fully committed to increasing investment in low-carbon goods and services, many senior executives are unconvinced by the case for climate change policies.
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Moreover, just 12 per cent of businesses said they were introducing new green products to keep up with rivals, and seven out of 10 respondents said that carbon reduction policies are primarily driven by public relations issues.

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