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Saturday, January 20, 2007

Environmental Groups & Corporations Form Climate Coalition

The U.S. Climate Action Partnership (USCAP) is a new coalition of environmental groups and corporations calling for a mandatory cap on carbon dioxide emissions. The limits would equal 10-30 percent over the next 15 years and reductions of 60-80 percent of current levels by 2050.

The environmental groups include: Environmental Defense, Natural Resources Defense Council, World Resources Institute and Pew Center on Global Climate Change. The companies include: Alcoa, BP, Caterpillar, Duke Energy DuPont, FPL Group, General Electric, Lehman Brothers, PG&E, and PNM Resources. Environmental Defense had a similar coalition a few years ago. (NYT)

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