Countries face tough task of getting industries to act on climate accord

New York

WITH the ink barely dry on a landmark climate accord, nations now face an even more daunting challenge: how to get their industries to go along.

If nothing else, analysts and experts say, the accord is a signal to businesses and investors that the era of carbon reduction has arrived.

It will spur banks and investment funds to shift their loan and stock portfolios from coal and oil to the growing industries of renewable energy such as wind and solar. Utilities themselves will have to reduce their reliance on coal and more aggressively adopt renewable sources of energy.

Energy and technology companies will be pushed to make breakthroughs to make better and cheaper batteries that can store energy for use…