The European Union’s biggest business leaders threw their weight behind a plan to make the bloc climate-neutral, a commitment that could be adopted at a leaders’ summit this week.
“Europe has the technology and the political will to take the lead in transitioning towards a climate-neutral, resource-saving sustainable future,” the European Round Table for Industry said in a policy document released Sunday. “The global environmental and long-term economic benefits are obvious, while the cost of global inaction would be intolerable,” said the group, which counts household names such as L’Oreal SA’s Jean-Paul Agon, Siemens AG’s Joe Kaeser and BP Plc’s Helge Lund among its members.
