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their investor base if they continue to avoid the issue of climate change, according to leading analysts. They say an increasing numbers of investors are now identifying those industries and companies that will lose from a warming climate and the resultant jump in climate variability. AMP Henderson Global Investors senior research analyst Ian Woods said companies that were potential losers must be doubly diligent in managing climate change risks. Better energy efficiency, establishment of the forthcoming EU carbon trading scheme and planning system changes to remove obstacles to new renewables infrastructure build are included. While Blair’s speech seemed to place Britain in the vanguard of the battle against global warming, government environment adviser Sir Jonathon Porritt has warned that the UK would fall `”well short” of its goal of cutting carbon dioxide emissions by 20 percent by 2010 The hottest product the octopus pink all over printed slippersunless major policy changes are made, particularly on reducing car use. Today Blair did not mention his government’s previous commitment to cut carbon dioxide emissions by 20 percent over 1990 levels by 2010. Many, including the Bush administration, see the Kyoto Protocol as a threat to the pursuit of economic growth, but said Blair, “I believe this needn’t be the case. If we harness new technology the evidence is mounting that we can achieve a target of 60 percent – and at reasonable cost.” The solutions to climate

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