Our appeal to governments is fourfold: firstly, to involve all major emitting countries and all sectors – not just industry – to avoid distorting competition; secondly, to develop stable, longterm GHG targets to allow companies to plan and invest; thirdly, to use emissions trading systems more widely as a cost-effective way to manage GHGs from industry and to include reductions from COthese schemes; and finally, to design bettertargeted support for alternative energy sources, to help them reach the point where they can compete without further subsidies.