But right now, lack of clear rules on the various mechanisms under discussion for achieving reductions makes it impossible to assess how the agreement will work in practice. This is a major obstacle for national ratification and effective business participation, one of many that governments, business, NGOs, and ordinary people must profoundly hope will be removed over the next two weeks of horse-trading, grandstanding and compromise formulas. Whatever decisions emerge, however tortured and impenetrable the jargon bandied about in The Hague, all will come right if the governments accept that the most economically feasible way to respond to climate change is through the development, commercialization and dissemination of technologies that will help to reduce greenhouse emissions. Business and industry will mainly be relied to come up with these technologies, and the best way this can happen is within a free-market setting. Business is not the problem.
Business is part of the solution.