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City Businesses Urge for Research into Carbon Footprints

26th March 20071 Comment

The Financial Times ran a piece today on how 20 of the City of London’s large businesses – including HSBC, Goldman Sachs, Aviva, and PwC – have urged the Corporation of London to oversee a research project meant to identify key technologies and management solutions which will reduce businesses’ carbon footprints.

It will also include a carbon-offsetting scheme with the intention of creating carbon rights and markets for trading in lieu of higher government taxes. Their research partners include Cambridge University, the London School of Economics, and the Santa Fe Institute.

One comment

  1. Igor
    8th February 2012 at 12:30 pm

    jumpnmcar, sowlkirm’s right. If you and look at Figure 73 you can see the depressive effect Mt Pinatubo had on global temperatures for a couple of years. But if you look at Figure 72, the effect is harder to see.Now , specifically the 5-year mean in the first graph. The blip is still there, but it doesn’t interrupt the trend.I’ve heard nothing to suggest that the Chile eruption is anywhere near the Pinatubo eruption in size, so I suspect that the effects on climate globally are close to zilch.

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