Businesses Challenged by Climate
HAGUE, Netherlands (AP) - Big business faced a seemingly insurmountable task at the outset of a critical U.N. climate conference: combining earnings and environmental protection.
While delegates from 173 countries deliberated how the world should reduce greenhouse gas emissions that cause global warming, independent companies quietly plotted strategy on the sidelines.
Some 10,000 participants are expected to attend the two-week meeting, which began Monday and is burdened with hammering out technical details on how to stop harmful gasses from escaping into the atmosphere.
Delegate Michael Marvin, president of the Business Council for Sustainable Energy, said if governments take the right approach in The Hague, businesses may come out with new incentives to revamp polluting production processes.
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