The Financial Times (July 20)
2010/ 07/ 22 by jd in Global News
Executives from 27 companies wrote to support stricter emission standards. They want the EU to cut emissions by 30%, rather than 20%, by 2020. They believe Europe needs stricter standards to be competitive in the green market. Stricter standards will provide companies with the assurance they need to invest in low-carbon technologies. Among the companies signing the letter were Allianz, Asda, Deutsche Telekom, Lloyds Banking Group, L’Oreal, Nestlé, Royal Philips Electronics, Vodafone and Tesco.
