Global businesses demand ambitious new climate deal

LONDON, Sept 22 (Reuters) - A coalition of more than 500 international companies on Tuesday urged rich countries to commit to "immediate and deep" cuts in greenhouse gas emissions at U.N. climate talks to help combat global warming…

…the coalition said economic development will be impossible without a stable climate.

The statement was issued by companies who back a campaign by Britain's Prince Charles, heir to the throne and environmental campaigner, to press for new government policies on climate change and "to grasp the business opportunities created by moving to a low climate-risk economy".

The business group urged nations to set aside their differences and confront climate change with the same urgent, joint approach they took during the economic crisis.

"Developed countries need to take on immediate and deep emission reduction commitments that are much higher than the global average," the statement added.

Ref: Forbes, Reuters, Sept. 21, 2009

Global businesses demand ambitious new climate deal

LONDON, Sept 22 (Reuters) - A coalition of more than 500 international companies on Tuesday urged rich countries to commit to "immediate and deep" cuts in greenhouse gas emissions at U.N. climate talks to help combat global warming…

…the coalition said economic development will be impossible without a stable climate.

The statement was issued by companies who back a campaign by Britain's Prince Charles, heir to the throne and environmental campaigner, to press for new government policies on climate change and "to grasp the business opportunities created by moving to a low climate-risk economy".

The business group urged nations to set aside their differences and confront climate change with the same urgent, joint approach they took during the economic crisis.

"Developed countries need to take on immediate and deep emission reduction commitments that are much higher than the global average," the statement added.

Ref: Forbes, Reuters, Sept. 21, 2009