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Corporations and Environmental Groups Call For System to Combat Global Warming

Press release: “United States Climate Action Partnership (USCAP) urges lawmakers to enact a policy framework for mandatory reductions of GHG [greenhouse gas] emissions from major emitting sectors, including large stationary sources, transportation, and energy use in commercial and residential buildings. The cornerstone of this approach would be a cap-and-trade program. The environmental goal is to reduce global atmospheric GHG concentrations to a level that minimizes large-scale adverse impacts to humans and the natural environment. The group recommends Congress provide leadership and establish short- and mid-term emission reduction targets; a national program to accelerate technology research, development and deployment; and approaches to encourage action by other countries, including those in the developing world, as ultimately the solution must be global.” [USCAP Consists of Market Leaders: Alcoa, BP America, Caterpillar, Duke Energy, DuPont FPL Group, General Electric, Lehman Brothers, PG&E, PNM Resources, and Leading NGO’s: Environmental Defense, Natural Resources Defense Council, Pew Center on Global Climate Change, World Resources Institute.]

  • “Environmental Defense is one of three founding members of a group of high-level corporate and environmental leaders that made a groundbreaking announcement…that called for a cap-and-trade system to combat climate change. Their historic proposal, “A Call to Action,” urges the federal government to set limits for reducing greenhouse gas emissions, to create market-based incentives and, most of all, to act swiftly and thoughtfully.”
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