The business of climate change – who really bears the burden?

This guest post comes from Mahara Inglis (left) and Oliver Bruce, members of the New Zealand Youth Delegation to COP15 in Copenhagen, who describe themselves as “a group of 12 young people passionate about ensuring our climate policies look after the planet for generations to come!” The original was posted at Mahara’s blog. They make a strong case that NZ should adopt a leadership role in low-carbon development.

So here we sit; two young Kiwis at the heart of the United Nations Climate Negotiations in Copenhagen. More than being just a beehive of policy wonks and bureaucrats however, it is also a centre for hundreds of companies and governments from all over the world to showcase innovative, low-carbon solutions to climate change. It really is the new frontier of the global marketplace.

Yet, amidst all this the New Zealand government is unfortunately acting like the world is not changing. In the negotiations, it is pushing for weak emissions reduction targets, working to offload the burden of action onto poorer countries, and publishing inflated and misleading figures on the costs of adaptation.

Contrary to the traditional conservative business rhetoric, we believe these actions are compromising our future economic integrity and prosperity, let alone our environmental and social wellbeing. There are several reasons this is the case. Firstly, by setting low emission reduction targets we’re failing to create the necessity to innovate. This makes us uncompetitive as we head into an increasingly carbon constrained world economy. Secondly, we’re failing to foster development of the next generation of low-carbon technologies that are, and will continue to be, massive areas of growth. Lastly, we’re compromising our clean green brand of 100% Pure, and any business worth their salt protects their brand fiercely.

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