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80% of business says CO2 targets unrealistic

20 May 2009

Researchers at energy consultancy, Moffatt Associates, have found that more than eight out of ten businesses say government targets to reduce CO2 emissions are unrealistic

Npower has released data that shows more than eight out of ten businesses feel that government targets to reduce CO2 emissions are unrealistic, with many not seeing the benefit of a small carbon footprint and relegating carbon reduction measures to concentrate on managing costs.

These are among the findings of the npower Business Energy Index, an annual report tracking business opinion on energy use and carbon emissions, produced by Moffatt Associates for energy supplier, Npower.

In this latest index, the majority of businesses (83%) said the target to reduce CO2 emissions by 80% by 2050 was unrealistic. Attitudes on the potential commercial opportunities of a small carbon footprint are equally downbeat; only 31% think new business will occur as a result of reducing emissions, compared to 47% in npower's 2008 index.

The findings also reveal that the economic downturn is leading businesses to prioritise finances over CO2 reduction; 97% said they are currently more concerned with reducing costs than emissions.

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