19
Mon, Feb

"Green" industry demands low-carbon dollars

Typography
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.

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.

!ADVERTISEMENT!

"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.

Article continues