USCAP Statement on Passage of The American Clean Energy and Security Act

May 21, 2009

WASHINGTON, May 21 /PRNewswire-USNewswire/ — The U.S. Climate Action Partnership (USCAP) — a diverse coalition of leading businesses and environmental NGOs — today issued the following statement on passage of The American Clean Energy and Security Act by the House Energy and Commerce Committee:

The U.S. Climate Action Partnership (USCAP) congratulates Chairman Waxman, Chairman Markey and members of the House Energy and Commerce Committee on approving and reporting The American Clean Energy and Security Act of 2009, furthering the important legislative work necessary to address climate change.

This significant vote demonstrates the urgency we face in addressing global climate change and our ability to do so in a way that protects the environment while safeguarding our economy. USCAP commends the members of the Committee for their diligence and hard work in crafting a bill that largely reflects the recommendations of the USCAP Blueprint for Legislative Action.

As members of a broad and diverse coalition, we understand the many challenges involved in reaching agreement on this complex set of issues. But we also know that taking action to address climate change provides important opportunities to spur innovation and economic investment, and to strengthen American competitiveness. Just as important, we know that waiting only makes those challenges harder. The time to find consensus and take action is now.

While the current bill does not reflect every USCAP recommendation – and in some instances addresses issues not considered in the Blueprint or in more detail than the Blueprint – it is a good foundation for moving forward in the Congress. As this process unfolds, we are committed to pursuing further opportunities to make the bill even more effective and economically sustainable.

In the weeks ahead, USCAP and its members will be working actively with all members of Congress in both chambers and all parties to seek common ground – and to find common sense solutions. We are committed to a path forward that will reduce greenhouse gas emissions, protect consumers and advance new technologies that will lead the transition to a low 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 – Dow – Duke Energy – DuPont – Environmental Defense Fund – Exelon – Ford – FPL Group – GE – GM – John Deere – 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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