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	<title>Comments on: CEOs call for more climate change regulations</title>
	<link>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/</link>
	<description>hopping along the corridors of power</description>
	<pubDate>Fri, 09 Jan 2009 01:37:43 +0000</pubDate>
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		<title>By: dbuckley</title>
		<link>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/#comment-36639</link>
		<dc:creator>dbuckley</dc:creator>
		<pubDate>Wed, 23 Jan 2008 22:01:41 +0000</pubDate>
		<guid>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/#comment-36639</guid>
		<description>There is logic here.

There is an underlying assumption that "improving" business to reduce environmental impact is a cost option, and for one company, no matter how well environmentally motivated, to stick it's neck out and do "something" when their competitors do little or nothing exposes them to commercial risk.

If the government mandates that something is done then everyone jumps together, and the relative costs of the companies remain balanced.

Of course, some companies will have worked out that environmental impact reduction can bring benefits, and thus this can be a competitive weapon.</description>
		<content:encoded><![CDATA[<p>There is logic here.</p>
<p>There is an underlying assumption that &#8220;improving&#8221; business to reduce environmental impact is a cost option, and for one company, no matter how well environmentally motivated, to stick it&#8217;s neck out and do &#8220;something&#8221; when their competitors do little or nothing exposes them to commercial risk.</p>
<p>If the government mandates that something is done then everyone jumps together, and the relative costs of the companies remain balanced.</p>
<p>Of course, some companies will have worked out that environmental impact reduction can bring benefits, and thus this can be a competitive weapon.</p>
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		<title>By: andrew</title>
		<link>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/#comment-36631</link>
		<dc:creator>andrew</dc:creator>
		<pubDate>Wed, 23 Jan 2008 21:06:43 +0000</pubDate>
		<guid>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/#comment-36631</guid>
		<description>the businesses are chosen at random &#38; weighted according their size to get an overall picture of the economy, they don't just pick a few wealthy business "leaders"</description>
		<content:encoded><![CDATA[<p>the businesses are chosen at random &amp; weighted according their size to get an overall picture of the economy, they don&#8217;t just pick a few wealthy business &#8220;leaders&#8221;</p>
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		<title>By: CPW</title>
		<link>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/#comment-36602</link>
		<dc:creator>CPW</dc:creator>
		<pubDate>Wed, 23 Jan 2008 04:43:55 +0000</pubDate>
		<guid>http://blog.greens.org.nz/2008/01/23/ceos-call-for-more-climate-change-regulations/#comment-36602</guid>
		<description>New Zealand's main business survey (NZIER's quarterly survey of business opinion) gets about 500 responses from a range of business sectors, which gives it a fair claim to being representative.  

Contrary to your suggestion, most business survey questions are related specifically to the respondent's business (the general business confidence question being the main exception), and very quantifiable: specific questions about whether they're going to raise their prices, or employment levels, and what they expect their sales to be.   

There are also surveys of consumers (i.e. the general public) about their confidence, and of households about employment, and these are given plenty of credence in the media.

Does it not make sense to value the opinion of business survey respondents about things that they have either direct control over or intimate knowledge of e.g. pricing intentions, sales, and hiring plans, even if those respondents are potentially "wealthy"?

Furthermore, research suggests that business surveys have predictive power (over the short-term at least) for other economic variables, suggesting that they do indeed provide a "credible insight into our economy".  

Like any survey, the results can be slanted to fit a preconceived narrative,  but the surveys themselves are undeserving of your criticism.</description>
		<content:encoded><![CDATA[<p>New Zealand&#8217;s main business survey (NZIER&#8217;s quarterly survey of business opinion) gets about 500 responses from a range of business sectors, which gives it a fair claim to being representative.  </p>
<p>Contrary to your suggestion, most business survey questions are related specifically to the respondent&#8217;s business (the general business confidence question being the main exception), and very quantifiable: specific questions about whether they&#8217;re going to raise their prices, or employment levels, and what they expect their sales to be.   </p>
<p>There are also surveys of consumers (i.e. the general public) about their confidence, and of households about employment, and these are given plenty of credence in the media.</p>
<p>Does it not make sense to value the opinion of business survey respondents about things that they have either direct control over or intimate knowledge of e.g. pricing intentions, sales, and hiring plans, even if those respondents are potentially &#8220;wealthy&#8221;?</p>
<p>Furthermore, research suggests that business surveys have predictive power (over the short-term at least) for other economic variables, suggesting that they do indeed provide a &#8220;credible insight into our economy&#8221;.  </p>
<p>Like any survey, the results can be slanted to fit a preconceived narrative,  but the surveys themselves are undeserving of your criticism.</p>
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