Will self-interest, enlightened or not, lead carbon-producing companies to take innovative steps in reducing emissions contributing to Global Climate Change? That's the main point of this Scripts-Howard syndicated article published on NewJersey.com. Snippets:
President Bush pulled the United States out of the Kyoto treaty and remains opposed to mandatory curbs on greenhouse gases, saying they are too expensive for the U.S. economy. But more than two dozen states have moved to fill in the void, adopting regulations and policies designed to discourage emissions or encourage the use of renewable energy.
There is also a sense that by delaying action, U.S. companies will be left behind in the competition for green energy and energy-efficient technologies, business leaders said.
"Some companies feel that if we don't act soon in the United States, we may be missing out on opportunities to innovate and to develop the technologies that will address these problems in the future," said Steve Percy, former chief executive officer of BP America.