Oil Change International

Exposing the true costs of fossil fuels

Business Leaders Call for Climate Action

One hundred and fifty global business leaders have called for a legally-binding and comprehensive international deal on climate change.

The statement – backed by Prince Charles – will be sent to environment ministers and heads of state ahead of talks in Bali on climate change next week.

The signatories represent companies from Europe, the US, China and Australia, such as Nokia, Tesco, Lloyds TSB and Nike. Key to the businesses is the creation of a legal framework that will encourage them to invest in environmentally-friendly technologies, the statement said.

“A sufficiently ambitious, international and comprehensive, legally-binding United Nations agreement to reduce greenhouse gas emissions will provide business with the certainty it needs to scale up global investment in low-carbon technologies,” the statement said.

It was only a couple of years ago that many businesses were trying to undermine a legally-binding agreement….

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