Hey, here’s an idea: if our own government won’t accept and enforce environmental progress, maybe other governments will. If there’s a payoff on the corporate bottom line.
Nov. 15 (Bloomberg) — U.S. companies including General Motors Corp., DuPont Co. and Xerox Corp. are cutting carbon dioxide emissions to remain competitive in European countries that have adopted Kyoto Protocol limits rejected by President George W. Bush.
U.S. manufacturers are concerned they may lose their ability to operate factories or sell products in countries that have ratified the treaty, said Richard Sandor, chairman of Chicago Climate Exchange, which certifies companies that reduce greenhouse gas emissions. So far, 126 countries have accepted the Kyoto agreement, including all 25 members of the European Union.