International companies call for global carbon trading to tackle climate change

Thu 11 January 2007 View all news

A multi-national group of energy and manufacturing firms has joined forces to jointly lobby on their vision of a climate change policy based on global corporate carbon trading. The Combat Climate Change coalition has been brought together by Swedish utility, Vattenfall, and includes eighteen major firms in total.

The 3C coalition includes E.ON, Enel and Suez and American firms GE and Duke.

In a nine-point plan the coalition advocates a "well laid-out combination of short- and long-term actions" and the establishment of a global carbon market with a global carbon price. The group presented its proposals to the European Commission President Jose Manuel Barroso.


Related Documents
ENDS story link
World Business Council on Sustainable Development link

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