U.S. Businesses Falling Behind in Green Technologies

If American companies fail to invest in clean energy and carbon-neutral technologies, they will lose out in the global marketplace.

1 minute read

February 4, 2005, 5:00 AM PST

By Michael Dudley


"Global companies in the United States have no choice but to join the carbon-reducing movement. Whether it's GM cars in China or Alcoa aluminum in Europe, the carbon footprint from making and using their products is an increasingly important factor for U.S. businesses competing overseas...But most U.S. companies still lag far behind their worldwide competitors in facing the challenges posed by global warming. Too many -- including leading electricity providers, oil and gas producers and automakers -- are acting as if global warming and carbon controls are fiction."

Thanks to Michael Dudley

Wednesday, February 2, 2005 in GreenBiz

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