Emissions and Corporate America

on Nov 26 in Related stories

Businesses in U.S. Brace for New Rules on Emissions
By Jad Mouawad
The New York Times, Nov. 25, 2009

The nation’s corporations have long been bracing for the day when they would be required to carry out sharp cuts in the emissions that cause global warming. That day seemed to move a bit closer on Wednesday, when President Obama outlined a national target for such reductions.

Much of corporate America has already been thinking about how to comply. Many businesses concluded years ago that such limits were inevitable, and they have been calling on Congress to define the exact rules they will need to follow.

Already, many companies are recording their emissions and analyzing the results. Some have set voluntary targets for reductions and are claiming substantial progress in meeting them. Sustainability — a notion mostly heard in environmental circles only a decade ago — has become a mainstream idea to which some companies are committed and many are paying lip service.

Major corporations, including General Electric, the Ford Motor Company and PepsiCo, have teamed up with environmental groups to set up the United States Climate Action Partnership, a wide-ranging coalition trying to find ways to cut emissions throughout the economy.

Click here to Read Full Article