Thirty European companies banded together and called on the European Union (EU) to slash emissions 30 percent by 2020. Sound like a lot? Hold on a sec, since there's some background information needed to understand this one. The current target set by the EU calls for an emission's reduction of 20 percent from 1990 levels by 2020. The 30 companies are now calling for extending the emission's target by another 10 percent, so it's not as dramatic as it might sound.

The group of 30 firmly believes that such a reduction will strengthen Europe's economic future by boosting jobs and providing predictability for investors. The 30 companies are led by The Climate Group, The Cambridge Programme for Sustainability Leadership and WWF Climate Savers Programme. Companies supporting the emissions cut include Acciona, Alstom, Asda, Atkins, Barilla, BNP Paribas, BSkyB, Capgemini, Centrica plc, Climate Change Capital, Crédit Agricole, DHV Group, Elopak, Eneco, F&C Asset Management, GE Energy, Johnson Controls Inc, Kingfisher, Google, Marks and Spencer, Nike, Philips Lighting, SKAI Group of Companies, Sony Europe, Standard Life, Swiss Re, Tryg, Thames Water, Unilever and Vodafone.

In this list, only a few names stand out (Google, Johnson Controls, GE, Sony), but it's interesting to see such a diverse group of companies support a single goal. From automotive companies to electronic firms to clothing makers, they all back the same emissions-reduction targets. The joint declaration of all of those involved in lobbying the EU for emissions reductions reads, "There is no high-carbon low-cost future for Europe" and their belief is that greenhouse gas reduction will drive low-carbon investment and strengthen Europe's economy, which we find to be a peculiar driving force for a cleaner environment. Still, if it works, so be it.

[Source: Green Car Congress]

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