Appetite for change - Accountancy Nieuws

• In the battle against climate change, governmentleadership is indispensable.• The business community is ready for, and supportive of,government action.• Business leaders around the world recognise the need formeaningful emissions targets.• Carbon taxes, emissions trading and incentives havewidespread support in the business community.• Businesses generally believe that existing environmentaltaxes, regulations and incentives are ineffective,inconsistent and unclear.• Businesses want clear long-term investment signals,and input into the formulation of direction andderivative policies.• Executives prefer the hypothecation of carbon andother environmental taxes, i.e. the use of taxes to fundenvironmental and low carbon programmes.• Government action on climate change will increasethe importance of regulatory compliance, reputationmanagement and stakeholder relations.• Corporate climate change strategies will affect operations,key performance indicators and innovations, around newproducts and services.• A growing number of businesses are developing strategiesto manage the uncertainty surrounding climate change,but they remain hopeful that governments and businesscan work together to create consistent policies that haltglobal warming.• More data can be found at pwc.com/appetiteforchange• Certainty and simplicity are the biggest challenges forcarbon trading; for carbon taxes, the key issues areflexibility and the availability of incentives.Appetite for change. PricewaterhouseCoopers. 7