July 01, 2010
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Air & Climate Newsletter July 01, 2010 |
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| This Week´s Featured News Stories |
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Canada needs to follow its own carbon policy, says Michael Porter
Canada needs to implement its own progressive carbon policy rather than following the "mindless US path", says famed Harvard University professor Michael Porter. In a speech delivered in Montreal yesterday to an audience of international business, policy and academic leaders prior to the 2010 World Congress of Environment and Resource Economists, Porter said what we really do need is, in effect, a carbon tax. "That is a very visible, transparent, fair approach that is likely to trigger the appropriate innovation." The carbon capture-and-trade model that the U.S. "has patched ... |
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Former Merrill Lynch boss backs green sticks, not carrots
"I don"t think incentives work - sticks do". Not the words of a Victorian school master or firebrand backbench MP, but the honest assessment of the UK"s environmental policy from Bob Wigley, chairman of the government"s Green Investment Bank Commission. Speaking at a meeting last night to discuss the commission"s proposals for the new bank, Wigley urged the government to have "the guts" to impose financial penalties on businesses and households that fail to improve their environmental ... |
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