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USCAP Proposes Detailed Climate Action Plan

8:59 AM MST | January 15, 2009 | Kara Sissell

Leading corporations and environmental groups have released a detailed plan for curbing climate change, including a cap-and-trade program for reducing greenhouse gas (GHG) emissions 80% from 2005 levels by 2050. Members of the U.S. Climate Action Partnership (USCAP), which includes BP, Dow Chemical and DuPont, also presented the plan to the House Energy and Commerce Committee at a hearing today. The “blueprint for legislative action” recommends the initial allocation of free GHG emission allowances, to be phased out gradually. It also would...

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Comments (1) for USCAP Proposes Detailed Climate Action Plan
Those who are most fanatic about AGW have accused those who challenge the position of the AGW crowd of receiving their funding from the group of companies now calling for action to halt or manage AGW. This should take the wind out of a few sails.

These companies are pragmatists at best. Smaller or less politically active companies (usually less politically active because they are smaller, and don't have an enormous war chest to spend on things other than production to meet this year's sales projections and profit targets), will be left "holding the bag". But, the greenies will all be happy.

I just hope that any legislation allows enough time and spends as little money as possible to the point where AGW and it's worst-case projections are shown to be invalid, so we can get back to "doing" science and technology and running businesses for the true benefit of the country, mankind, and stockholders (and we all fit into all 3 categories)
Posted by Bruce Bullough on Thursday, January 15, 2009 @ 03:36 PM

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