USCAP Statement on the American Clean Energy and Security Act

May 19, 2009

WASHINGTON, May 19 /PRNewswire/ — The U.S. Climate Action Partnership (USCAP) – a diverse coalition of leading businesses and environmental NGOs – today issued the following statement regarding the American Clean Energy and Security Act being considered in the House Energy and Commerce Committee:

The U.S. Climate Action Partnership (USCAP) commends Chairmen Waxman and Markey, and other Members of the Committee, for their strong leadership in preparing the way for enactment of climate protection legislation.

USCAP believes the American Clean Energy and Security Act of 2009 (ACESA) broadly embraces the approach recommended in the USCAP Blueprint for Legislative Action that we issued in January 2009.

While not every USCAP recommendation is contained in ACESA, USCAP urges the full Committee to advance the bill so Congress can continue to build on the progress made by the Committee thus far.

As USCAP has indicated, there are several key linked issues that must fit together to ensure a climate protection program is environmentally effective, economically sustainable and fair. In some instances, that does not occur in this legislation. Additionally, the bill covers topics not addressed in the Blueprint or in some cases is more detailed than the USCAP recommendations. Individual USCAP members will continue to work with Congress to address these matters in a satisfactory manner. However, USCAP urges the Committee to vote to report the bill out this week so that legislation can move forward while these improvements are being pursued.

Again, we want to thank Chairmen Waxman and Markey for their efforts. The process they have engaged in has resulted in a bill that strives to balance competing interests. It puts the nation on a path to achieve significant and necessary greenhouse gas emission reductions, while protecting consumers and advancing new technologies that will lead the transition to a lower carbon economy.

More information about the Blueprint for Legislative Action and USCAP can be found at www.us-cap.org

USCAP Members:

- Alcoa – Boston Scientific – BP America – Caterpillar – Chrysler – ConocoPhillips – John Deere – Dow – Duke Energy – DuPont – Environmental Defense Fund – Exelon – Ford – FPL Group – GE – GM – Johnson & Johnson – Natural Resources Defense Council – The Nature Conservancy – NRG Energy – PepsiCo – Pew Center on Global Climate Change – PG&E – PNM Resources – Rio Tinto – Shell – Siemens – World Resources Institute

SOURCE U.S. Climate Action Partnership

Source: newswire

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