PepsiCo boss criticises complex renewable energy framework

Blog home PepsiCo boss criticises complex renewable energy frameworkRichard Evans calls on government to offer financial incentives encouraging more industry investment in sustainable resources. This government must compel companies to report carbon emissions.

Corporate criticism of the government over climate change grew in intensity yesterday with the head of PepsiCo UK & Ireland calling for a simplification of the framework and complex legislation on renewable energy.

His attack came as a corporate campaign, signed by more than 160 businesses, was launched to put pressure on the coalition to introduce mandatory reporting on greenhouse gas emissions.

Richard Evans, president of PepsiCo UK & Ireland, called on the government to encourage industry to invest in, and switch to more sustainable resources through the provision of greater financial incentives.

He said: "We have CCL, CCAs, CRC, EU ETS and now the CPS too. It is too complicated. A big company like PepsiCo might just about get it and we do. But what about the companies who do not have the resources that we do?

PepsiCo boss criticises complex renewable energy framework | Guardian Sustainable Business | guardian.co.uk