Letter to the Editor
Sir: Stephen Hale is right to point to the importance of European action on climate change (Opinion, 12 March). Given the cross-border nature of global warming, the problem demands an international response. The EU has taken a lead in establishing targets for reducing emissions and in establishing a market for carbon through the Emissions Trading Scheme.
The business community supports the need for European action, and in a survey last year, 86 per cent of businesses in Europe said that more regulation was needed to combat climate change. European business is ready to work with the EU to play its role in tackling the environmental challenge of sustaining our planet.
Roland Rudd
Chairman, Business for New Europe, London EC2
