Thursday, September 12, 2013

How Big Business Can Save the Climate


Multinational Corporations Can Succeed Where Governments Have Failed

In September 1987, representatives of 24 countries met in Montreal and accomplished a rare feat in international politics: a successful environmental accord. The Montreal Protocol on Substances that Deplete the Ozone Layer, which UN Secretary-General Kofi Annan later called “perhaps the single most successful international agreement to date,” set the ambitious goal of phasing out chlorofluorocarbons (CFCs) and other dangerous chemicals. It worked: by 1996, developed countries had stopped their production and consumption of CFCs, and by 2006, the 191 countries that had ratified the protocol had eliminated 95 percent of global ozone-depleting emissions.

See full Article: http://www.foreignaffairs.com/articles/139642/jerry-patchell-and-roger-hayter/how-big-business-can-save-the-climate?cid=soc-twitter-in-comments-how_big_business_can_save_the_climate-082613