Thursday, July 12, 2007

BCA Five-Pronged Approach to Climate Change Challenge


These days, few doubt the imperative to tackle climate change. In addition to its considerable environmental impact, climate change poses risks to the market and economy that demand attention.

But the debate, with its emphasis on here-and-now and often simplistic solutions, can obscure the far-reaching nature of the challenge.

Make no mistake, this is ultimately about moving from a high-emissions global economy to a low-emissions economy.

Given our heavy reliance on high-emission products, we should be under no illusion about the scale and complexity of this transition – one that is arguably the most far-reaching since the industrial revolution.

A lasting and effective response to climate change does not lend itself to quick fixes or knee jerk policy.

See full Press Release.