With so little progress in Copenhagen and even the weak Copenhagen Accord now faltering, what is the future for carbon management and offsetting among businesses?
The lack of certainty about the strength of international carbon reduction targets is an issue not only for businesses looking to invest in internal emissions reductions, but also the clean-tech industry that supplies them. Clean-tech investment, which slowed in the recession, has pretty much ground to a halt, stemming the flow of new products and services to support the low carbon transition.