So much for another Bush theory. He continues to say business should lead though there's no sign at all from business that there will be any movement on climate change until the government leads the charge. Business rarely takes action on issues such as this without prodding. If they do and no other companies follow, it could be a financial loss that could lead to hostile actions by the board or even a takeover if money is lost. We all know Bush was a terrible business leader and lost everyone else's money so his miscalculation should come as no surprise. Will anyone call him out this week during the climate change meetings in Hawaii?
Nearly nine in 10 of them do not rate it as a priority, says the study, which canvassed more than 500 big businesses in Britain, the US, Germany, Japan, India and China. Nearly twice as many see climate change as imposing costs on their business as those who believe it presents an opportunity to make money. And the report's publishers believe that big business will concentrate even less on climate change as the world economy deteriorates.
The survey demolishes George Bush's insistence that global warming is best addressed through voluntary measures undertaken by business – and does so at the most embarrassing juncture for the embattled President. For this week he is convening a meeting of the world's largest economies to try to persuade them to agree with him.
