Large companies ask for stricter regulation

The Financial Times reports that large companies would prefer stricter emissions policies implemented with certainty than looser policies with uncertainty or non-uniformity n their application.

“But while some business lobbies have resisted international action on climate change for precisely these reasons, a growing number of high-profile companies are calling for stiffer regulation of carbon dioxide.

These businesses are seeking greater regulatory certainty for future investment decisions, a level playing field for their industry internationally and, in the long term, to help stave off the worst effects of climate change.”

Source:
Fiona Harvey: Business will comply to gain certainty. Financial Times, London, 2005-12-06.

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