Former Merrill exec: We need sticks, not carrots

07/2/2010 | BusinessGreen (U.K.)

It will take sticks, not carrots, to usher in the green revolution in the U.K., says Bob Wigley, former chief of Merrill Lynch in Europe. From consumers to multinational corporations, Wigley argues, the threat of increased taxes for environmental laggards is the only strategy that is sure to spur widespread uptake of energy-efficient technologies.

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