The Kyoto Protocol is the only global pact obliging signatories to cut
carbon dioxide emissions, but the United States is not a member, nor
are China and India.
The protocol expires in 2012.
News of the coalition comes as different governments and groups devote
more attention to global environmental policy.
Global warming has moved to the heart of European foreign policy, the
EU executive's top diplomat said on Thursday.
From Reuters, 1/19/07:
http://news.yahoo.com/s/nm/climate_coalition_dc
Companies press Bush, Congress on climate: reports
NEW YORK (Reuters) -
Major corporations are joining environmental groups to press
President Bush and Congress to address climate change more rapidly,
news reports said on Friday.
The coalition, including Alcoa Inc., General Electric Co., DuPont Co.,
and Duke Energy Corp. plans to publicize its recommendations on
Monday, a day ahead of the president's annual State of the Union
address, The Wall Street Journal reported.
The group also includes Caterpillar, PG&E, the FPL Group, PNM
Resources, BP and Lehman Brothers, The New York Times reported.
The group, known as the United States Climate Action Partnership, will
call for a firm nationwide limit on carbon dioxide emissions that
would lead to reductions of 10 to 30 percent over the next 15 years,
the NYT reported.
The Journal said the coalition will discourage the construction of
conventional coal-burning power plants and a cap on greenhouse-gas
emissions.
The coalition's diversity could send a signal that businesses want to
get ahead of the increasing political momentum for federal emissions
controls, in part to protect their long-term interests, the Times
said.
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