Friday, April 17, 2009

Forbes: “The best country for business in the world” is one with a very strong carbon cap and a 20% renewable standard for 2011

Well, Forbes magazine has given progressive advocates of climate action a terrific talking point:  The “best country for business in the world” — for two years running — is uber-green Denmark (photo below courtesy of Forbes).

Denmark has one of the strongest cap-and-trade commitments in the world — 20% below 1990 levels by 2008-2012.  And it has a requirement that 20 percent of its overall energy mix be renewable by the end of 2011.  And its efficiency measures are such that Energy Minister Connie Hedegaard said last year, “In 2025, (Denmark’s) total energy consumption will not have risen in 50 years.”

And Forbes says that’s great for business! …

Forbes: “The best country for business in the world” is one with a very strong carbon cap and a 20% renewable standard for 2011

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