The CEO'S of 10 major corporations have called for immediate federal action to deal with global warming. The group, which calls itself the U.S.
Climate Action Partnership, includes the chief executives of Alcoa, BP America, DuPont, Caterpillar, General Electric, Lehman Brothers, PG&E, PNM
Resources, FPL Group and Duke Energy, as well as representatives from four leading environmental groups. They say that voluntary efforts are
inadequate to do the job and that the White House inaction needs to be counteracted by congress.
www.emagazine.com
Top CEOs Call for Federal Action on Climate Change
January 27, 2007
Reporting by Roddy Scheer
The chief executives of 10 major U.S. corporations have joined together to call for immediate federal action to combat human-induced global warming,
saying that voluntary efforts are inadequate to do the job. The group, which calls itself the U.S. Climate Action Partnership, includes the chief
executives of Alcoa, BP America, DuPont, Caterpillar, General Electric, Lehman Brothers, PG&E, PNM Resources, FPL Group and Duke Energy, as well as
representatives from four leading environmental groups.
In the face of White House unwillingness to address climate change through the regulatory process, the group is urging Congress to set up an
economy-wide cap-and-trade system—whereby the government would set limits on the total amount of emissions of the greenhouse gases contributing to
global warming and companies would be able to buy and sell the right to pollute accordingly. The executives reported that to be effective, any such
legislation must cut emissions of greenhouse gases by 10 percent below today's levels within a decade and at least 60 percent by 2050.
Fred Krupp, president of the nonprofit Environmental Defense and a member of the alliance, referred to the executives' support as "a game changer"
in the climate change debate. "We are asking Congress not to wait for a new administration or the next presidential debates,” he said.
Please visit the link provided for the complete story.
Just look at who is who on this list of CEO'S... Alcoa, BP America, DuPont, Caterpillar, General Electric, Lehman Brothers, PG&E, PNM Resources, FPL
Group and Duke Energy... not exactly bleeding heart liberal types, more than likely conservative Republicans and bush backers. So tell me what do they
know that all these deniers on here don't? Well for one they are pragmatists as opposed to ideologues... and if these people, who more than anyone
pay attention to the bottom line feel that we have a problem here and...need I repeat AND are calling for governmental regulations... something is
up.
I originally posted this info on the 'Global Warming Debate Turns Ugly" but the more I thought about it, I realized it needs its own thread.
Related News Links:
nrdc.org
[edit on 1-2-2007 by UM_Gazz]