Back when President Obama was elected in 2008 I wrote a blog post about "What's Next for the Green Economy". At the time we were in the midst of economic turmoil, and expectations ran sky high for what Obama would achieve, including action on climate change and the growth of the green economy, as well as turning around the entire economy. Now it's time for the sequel--Revenge of the Republicans.
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A new survey from the Big Four accounting firm shows that more than two thirds of major corporations globally plan to spend up to 5% of their revenues on carbon cutting initiatives over the next two years.