Appetite for change - Accountancy Nieuws

pwc.com/appetiteforchangeLimiting the policy debate to carbon taxes and emissionstrading ignores the most popular policy tool in the businesscommunity – incentives. Ninety two per cent of businessesagree that government should offer more incentives to investin environmentally-beneficial activities and technologies (seefig. 13 below). Eighty nine per cent believe financing for greentechnology is important to ensure the effectiveness of a globalclimate change deal (see fig. 6 on page 15). This compares to78 per cent that believe a global carbon market is important.82% of businesses thattrade emissions support tradingFigure 13Most are in favour of incentives, but current criteria are too onerous, it is unclear what incentives do exist and they are insufficiently motivatingThe government needs to offer more incentives tosupport investment in environmentally beneficialactivities, processes & new technologies1 5 22 70Agree92%Meeting criteria required by current taxincentives is too onerous to makethe incentives worth applying for14 7 24 38 1755%It is clear what tax incentives existand how to apply for themCurrent tax incentives are sufficiently motivatingto make businesses change their behaviour5 22 40 24 856 28 43 19 532%24%Don’t knowStrongly disagreeSlightly disagreeSlightly agreeStrongly agreeThinking about environmental tax incentives, how strongly do you agree or disagree with the following statements about government policy? Base: Total (654)Appetite for change. PricewaterhouseCoopers. 21