From: Gerard Wynn and Anna Ringstrom, Reuters
Published May 26, 2009 09:37 AM

"Green" industry demands low-carbon dollars

COPENHAGEN (Reuters) - Top executives from utilities, electric car, solar and wind power companies demanded on Tuesday that governments turn away from fossil fuels when they sign a new climate pact, expected in December.

Seven months before the world meets to try and thrash out a new global treaty to replace the Kyoto Protocol, executives and investors called on tough targets to slash carbon emissions at a green business conference in Copenhagen.

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"Emission reduction at this scale will profoundly affect business," said a draft seen by Reuters and written by a "Copenhagen Climate Council" of 12 chief executives, as well as academics and development groups.

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