Brussels, 28/10/2009 (Agence Europe) - At a conference in Brussels on Wednesday 28 October 2009 that it organised on 'Between economic and climate crisis - can Copenhagen show a way out?,' BusinessEurope explained what EU entrepreneurs believe should feature in a UN deal on climate change. Ahead of the European Council later this week and six weeks ahead of the UN Copenhagen Conference, BusinessEurope says it supports a global deal in which all advanced countries pledge to meet 'equally strong' emissions reduction targets in order to 'set up a level playing field worldwide for internationally traded goods.' Likewise, it will be necessary to get emerging economies and the more advanced developing countries to pledge to 'binding targets or policies from advanced developing countries by 2020.' Predictability is a crucial deciding factor in companies deciding to invest for the future and BusinessEurope wants the United States and China in particular to give a clear signal about their own climate change policies for the years and decades to come. In the absence of an even playing field, EU industry should not be forced to cut its emissions even further. Unilateral action by the EU would lead to a greater carbon footprint because it would mean that jobs would be lost in the EU and production would be outsourced to places that emit more carbon. A tonne of carbon dioxide cuttingly costs EU industry €15, whereas elsewhere in the world, it costs nothing at all, explains BusinessEurope. (A.B. trans fl)