Academic journal article Manager

Businesses Confused over Climate Change

Academic journal article Manager

Businesses Confused over Climate Change

Article excerpt

A survey of UK business has found widespread confusion over climate change initiatives and the likely impact of a move to a 'low carbon economy'.

The fourth npower Business Energy Index (nBEI) canvassed 200 senior managers and energy buyers at SMEs and large industrial and commercial firms on attitudes to energy use, costs and the low carbon economy.

The research revealed a marked lack of support for attempts to reduce carbon emissions, even among the UK's most energy intensive businesses.

The findings also showed an apparent lack of understanding about the nature of a low carbon economy and its implications for UK businesses.

Despite the high profile of climate change in political and public debate, and the emphasis on reducing carbon emissions, the report found a wide range of interpretations of the term 'low carbon economy'. Verbatim comments from the report include; 'the final nail in the coffin of UK manufacturing' and 'basically a system whereby the Government will punish those people using high energy'.

When asked if reducing carbon emissions was a business priority, a substantial number (60%) of all respondents stated it was not. However, for major energy users, 60% believed reducing CO2 was a business priority. Of those major users who had said it was not a priority, 64% of these said it never would be, illustrating a polarised view amongst major energy users.

Despite the scepticism over carbon impact, the findings of the fourth nBEI do reveal that, with ongoing cost pressures, energy management has never been a higher priority for business. …

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