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Renewable energy must make economic sense - Moody-Stuart

Source: SABA

JOHANNESBURG, 30 August 2002 - International business will embrace renewable energy, provided it makes economic sense, according to Mark Moody-Stuart, the chairman of Business Action for Sustainable Development (BASD).

Briefing the media at the Johannesburg World Summit, he said many corporations were enthusiastic and committed to renewable energy, because it would promote competition and customer choice.