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Bosch Chairman Says Business Must Do More for Climate Protection, Even in Difficult Times

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Business must do even more for climate protection, even in difficult times, said Franz Fehrenbach, chairman of the Bosch board of management, an a talk at the Baden-Württemberg sustainability congress held in Stuttgart on 25 March ( Nachhaltigkeitskongress Baden-Württemberg 2009 ). In Fehrenbach’s view, this would be a breach of trust.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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The legislation would also provide new incentives for domestic oil and gas drilling, nuclear power plant construction, carbon capture and storage, and renewable energy sources like wind and solar. Support for this use of allowance value stems from the idea that the climate-regulating services of the atmosphere are a common property resource.

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