Commentary: Companies are cutting costs but dressing up moves as climate action

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Policies that cut down waste may be motivated by corporate-friendly intentions, says the Financial Times' Pilita Clark.

READ: Businesses using paper instead of plastic? Not necessarily better for the environment, experts sayI would have forgotten about this had I not been interviewing a man a short time later about hot-desking.

Yes, a company could save money by cutting down on office space, he said. But this also meant a climate-friendly cut in energy for heating and lighting, and who could argue with that? Actually, I thought, I could.There is no doubt that carbon emissions need to be cut, fast. The rising public clamour for action to tackle the problem is welcome. So is the growing number of governments and companies setting net-zero emission targets, goals that were politically unthinkable only a few years ago.

Politicians are well aware of polls such as one in the US last year that showed 69 per cent of Americans want “aggressive” action to combat climate change — but only 34 per cent are keen on paying an extra US$100 a year in taxes to help. Even fewer favour a US$100 rise in annual electricity bills.An earlier US survey showed nearly 60 per cent of people backed a US$1 monthly charge to fight climate change. But that support plummeted to 28 per cent when the fee rose to $10 a month.

 

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