Businesses Call For Market-Based Approach To Climate Change

Big businesses have called on politicians to set out a market-based, unified strategy for reducing global greenhouse gas emissions at next week’s Leaders Summit on Climate, Reuters reports. “Climate change is a global problem, and what companies are looking to avoid is a fragmented approach where the U.S., China and the E.U. each does its own thing, and you wind up with a myriad of different methodologies,” said the chief executive of trade association Institute of International Finance, Tim Adams, as quoted in the report. The…