It's clearly better to drive a speeding train than be hit by one — which may explain why ten major US companies joined four environmental groups yesterday to call for a federally imposed mandatory cap on global-warming emissions.
Uniting as the US Climate Action Partnership (USCAP), the group announced its commitment to "a pathway that will slow, stop, and reverse the growth of US emissions while expanding the US economy." And despite the USCAP site's frequent tributes to the ka-ching deity, the views expressed there are hardly calculated to warm hearts in the just-say-no-to-Kyoto White House:
A list of USCAP's charter members — along with some of the group's recommendations — appears after the flip.
USCAP's founders "call on the federal government to quickly enact strong national legislation to require significant reductions of greenhouse gas emissions." They include:
- Alcoa
- BP America
- Caterpillar Inc.
- Duke Energy
- DuPont
- Environmental Defense
- FPL Group
- General Electric
- Lehman Brothers
- Natural Resources Defense Council
- Pew Center on Global Climate Change
- PG&E Corporation
- PNM Resources
- World Resources Institute
Among their proposals:
That Congress establish a long-term "target zone" for reducing greenhouse emissions, cutting them from 60 to 80 percent below current levels by 2050
Keeping emissions to between 100 and 105 percent of current levels within five years of "rapid enactment"
Reducing emissions to between 90 and 100 percent of current levels within 10 years of enactment
Reducing emissions to between 70 and 90 percent of current levels within 15 years of enactment





