Addressing a press conference in Copenhagen with the Danish Minister of Climate and Energy, chairman and CEO of General Electric, Jeff Immelt urged businesses to take action on climate change now before it is too late.
Addressing the press conference, Immelt, said: “In business you always say when is the right time, and we think the right time is now. If you have high unemployment, this is one of the ways to create jobs. Everyone wants to lead in green technology.”
Immelt’s message was backed up by the Copenhangen Climate Council, along with some of the world’s most significant industry leaders from five continents, including Li Xiaolin, CEO and chairwoman of China Power Development, China, and Ratan Tata, CEO of Tata Group, India.
He added: “Our belief is that there needs to be a price for carbon and if there is a price, the technology will decide. GE and other big companies have really said it’s time for the US to drive forward the need for solutions to climate change.”
The Danish Minister for Climate and Energy, Connie Hedegaard, said that if we miss this opportunity to fix things, it will come back and we will “lose a global momentum that has been building over several years. In case of failure, business will be the biggest loser.”
Immelt delivered his message while on a visit to Copenhagen, just 40 days out from the UN Climate Change Conference.
People who read this, also liked:
Daily ETS conference needed: Abbott
SMEs willing to carry financial cost of climate change
