John Browne

Quotable
Posted April 24th, 2007 by Anonymous
in
Title:
CEO
Company:
BP
Date:
08/01/2004
Article name:
Beyond Kyoto
Media outlet:
Foreign Affairs

Harnessing business potential requires fair and credible incentives to drive the process of innovation and change. In responding to global warming, that role must fall to the government. ... Recent experience suggests that emissions trading regimes - whereby government sets a binding cap on total emissions, dividing the total into "emission credits" that are given to those who emit carbon dioxide - are the best policy for encouraging business.

Link:
http://www.foreignaffairs.org/20040701faessay83404-p0/john-browne/beyond-kyoto.h...