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Carbon Commitments Must Translate into Real Action

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  • Andrew Raingold

Abstract

The efforts of political leaders to negotiate a global agreement to reduce carbon emissions highlights the importance of consistent action at the domestic level. To gauge the efficacy of any international agreement and subsequent reductions, a clear, consistent and comparable approach to carbon disclosure must be adopted by UK companies. This allows economic benefits, as carbon reporting is an enabler for energy efficiency and a driver for better, cleaner technology in new markets. Furthermore, the pursuit of the perfect reporting framework must not be the enemy of the good, as the urgent need to address the causes of climate change requires immediate action to drive reduction in carbon emissions by UK plc.

Suggested Citation

  • Andrew Raingold, 2010. "Carbon Commitments Must Translate into Real Action," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 11(1), pages 181-198, January.
  • Handle: RePEc:wej:wldecn:410
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