Brit Industry Ready to Deal with the Climate Crisis

Still not convinced the Climate Crisis is upon us? Check this out:

By Roger Harrabin
BBC Environment Correspondent

A group of Britain's leading industrialists has written to the prime minister urgently demanding long-term policies to combat climate change. The heads of the 12 leading firms say climate change is a huge challenge that needs serious investment by business. But they say they cannot invest because they are not sure what future government policies on climate will be.

The letter is signed off by the heads of BP, Shell, HSBC Bank, BAA, John Lewis, Scottish Power and more.

But perhaps the most interesting part of the story is that these industry leaders, including fossil fuel behemoths, are endorsing a view long held by alternative energy advocates. Here's what the BBC story says:

But in their letter the business leaders say they believe emissions cuts of 60% can be achieved in the UK without damaging competitiveness if firms use energy more wisely and harness new technology.'

They believe measures to hold CO2 emissions to a safe level would reduce economic growth by no more than 2% by 2050. They say bold policy action could actually boost Britain's profits by making the UK a world leader in low carbon technology.

The group say some of the technologies to achieve this goal already exist but need to be developed. Some are yet to be invented.

This is the kind of breakthrough that's needed---when people like this see a business opportunity. Will the dinosaurs of American based global industries follow? Or be left behind?

BBC NEWS Business Industry chiefs' environment plea