Corporate Climate Coalition Expanding
The U.S. Climate Action Partnership (USCAP), an alliance of business and environmental leaders calling for national economy-wide legislation to address the adverse impacts of climate change, has expanded to more than 30 organizations.
The U.S. Climate Action Partnership (USCAP), an alliance of business and environmental leaders calling for national economy-wide legislation to address the adverse impacts of climate change, has expanded to more than 30 organizations.
The Xerox Corporation and NRG Energy recently joined USCAP, bringing the coalition’s total to 31 organizations. The members represent major sectors of the U.S. economy — from energy and transportation, technology, financial services and medicine to food and beverages — along with environmental and conservation leaders.
To create the best economic path to reducing global atmospheric greenhouse gas concentrations, USCAP has sought to balance interests across industries and regions. In addition, the group has based its efforts on a high-level consensus approach, driven by top executives of the member organizations.
In January, USCAP issued its a report, titled A Call for Action, laying out a blueprint for an economy-wide, market driven cap-and- trade program. The recommendations in the report are based on the following six key principles:
- Account for the global dimensions of climate change;
- Recognize the importance of technology;
- Be environmentally effective;
- Create economic opportunity and advantage;
- Be fair to sectors disproportionately impacted; and,
- Recognize and encourage early action.
USCAP has recommended that Congress 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 the developing world.
The founding members of USCAP are Alcoa, BP America, Caterpillar, Duke Energy, DuPont, FPL Group, Inc., General Electric, PG&E, and PNM Resources, as well as Environmental Defense, Natural Resources Defense Council, Pew Center on Global Climate Change and World Resources Institute.
Eighteen additional organizations have joined the partnership this year: American International Group (AIG), Alcan, Boston Scientific, ConocoPhillips, Deere & Company, The Dow Chemical Company, Ford Motor Company, General Motors Corp., Johnson & Johnson, Marsh, NRG Energy, PepsiCo, Shell, Siemens, The Chrysler Group, The Nature Conservancy, the National Wildlife Federation and Xerox.
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