JUST GOOD BUSINESS BUZZ : Benefits of collaboration

Recent research shows that if nations act together to reduce carbon emissions, the cost of such actions falls while the new opportunities for jobs and growth rise.
That’s according to former UK Prime Minister Tony Blair who is one of the instigators behind the Breaking the Climate Deadlock Initiative. Its latest report, “Cutting the Cost: The Economic Benefits of Collaborative Climate Action” presents modelling work done by leading Cambridge University economists. While previous analysis has shown the global benefits of collective action, this shows that such benefits accrue to all countries.
Blair says the technology for low-carbon future is already available and new deal in Copenhagen is not about science fiction but science face – “it’s about doing what we already know, but better and faster”.

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