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Article

19 Feb 2010

Author:
Juliette Jowit, Guardian [UK]

Time to clean up: UN study reveals environmental cost of world trade

Political pressure is mounting to make businesses pay for the damage they cause to the environment, and the latest UN study assessing the impact of the world's biggest companies is almost certainly the first stage in a concerted campaign to calculate how much damage is caused, what it is worth and ultimately how it can be stopped...By far the most "damaging" [sectors] were the utilities, where the $400bn total "cost" was dominated by carbon dioxide and other greenhouse gases blamed for global warming...The biggest problem caused by consumer goods makers, however, was their freshwater use, much of which was caused by food and drink companies...[refers to Coca Cola]