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Davos Forum: Leaders Call for Green Economy

International leaders at the World Economic Forum in Davos, Switzerland say U.S. businesses must pressure the federal government to work toward an energy-efficient economy before China reaches one first.

U.N. climate chief Christina Figueres said Thursday that China “is going to leave us all in the dust” if Western countries don’t begin to act on climate change, AP reports.

Figueres said the Chinese “are not doing it just because they want to save the planet. They are doing it because it’s good for the economy.”

European Union Climate Commissioner Connie Hedegaard called for U.S. businesses to change their perspective on energy efficiency, saying they should realize that “it’s bad business to not be among the front-runners” in the race for a green global economy.

The annual conference is held in a mountain resort in Graub√ľnden, in the the eastern Alps region of Switzerland.

Posted in Effects, Energy Efficiency, Energy Industry, Finance, Accounting, & Investment, Global Warming, Globalization & Free Trade, Policies & Solutions0 Comments


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