|Businesses call for greenhouse gas legislation
A diverse group of United States-based businesses and environmental organizations called on the federal government to enact strong national legislation to achieve significant reductions of greenhouse gas emissions.
The group said any delay to control emissions increases the risk of unavoidable consequences that could necessitate even steeper reductions in the future.
This alliance, called the U.S. Climate Action Partnership (USCAP), consists of Alcoa, BP America, Caterpillar, Duke Energy, DuPont, FPL Group, General Electric, Lehman Brothers, PG&E, and PNM Resources, along with four non-governmental organizations, Environmental Defense, Natural Resources Defense Council, Pew Center on Global Climate Change, and World Resources Institute.
USCAP issued a landmark set of principles and recommendations to underscore the urgent need for a policy framework on climate change. The solutions-based report, titled A Call for Action, lays out a blueprint for a mandatory economy-wide, market-driven approach to climate protection.
The principles and the recommendations outlined in A Call for Action are the result of a year-long collaboration motivated by the shared goal of slowing, stopping and reversing the growth of greenhouse gas (GHG) emissions over the shortest period of time reasonably achievable.