Carbon cutting

Governments need to take more decisive and co-ordinated action to reduce carbon emissions, according to a report by the Carbon Disclosure Project and AEA Technology.

The report surveyed 58 companies, including Nissan, Ford and Centrica, to determine how current economic conditions will impact global efforts to establish a low-carbon economy.

Results revealed that 97 per cent of senior managements feel government intervention is a key factor in stimulating change.

The survey also suggested that current economic difficulties would not sideline green issues, with the majority stating that they would not reduce their budgets in this area.

Paul Dickinson, chief executive of the Carbon Disclosure Project, said: ‘Business operations don't stop at national boundaries and internationally co-ordinated policy drivers are essential.

‘Business is calling for these policies now, irrespective of the current economic challenges we are facing.’