U.S. companies see climate risk, but lack plan

NEW YORK, Sept 21 (Reuters) – U.S. companies judge climate change a risk to their business, but lag global companies in setting targets to cut emissions, according to a global survey.

“We’re seeing the U.S. play catch up here, but they’ve got a way to go,” Paul Dickinson, chief executive of the Carbon Disclosure Project, which administers the annual survey, said in an interview ahead of the formal release of the 2008 CDP survey in New York on Monday.

Dickinson said the gap demonstrates the difference between the climate culture of companies in Europe and the United States.

The European Union has had mandatory greenhouse emissions caps since 2005, while the United States, historically the world’s top greenhouse gas polluter, has no federal limits on the gases blamed for warming the planet.

Guardian