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Bush 'must fight climate change' | Bush 'must fight climate change' |
(about 5 hours later) | |
Chief executives of some of the largest companies in the US have urged President George W Bush to introduce measures to tackle global warming. | Chief executives of some of the largest companies in the US have urged President George W Bush to introduce measures to tackle global warming. |
The executives from nine corporations said Mr Bush should support a mandatory cap on greenhouse gas emissions. | The executives from nine corporations said Mr Bush should support a mandatory cap on greenhouse gas emissions. |
Mr Bush will address the issue in his State of the Union speech on Tuesday, but will not introduce binding rules for emissions, the White House says. | Mr Bush will address the issue in his State of the Union speech on Tuesday, but will not introduce binding rules for emissions, the White House says. |
President Bush has in the past rejected mandatory controls on greenhouse gases. | President Bush has in the past rejected mandatory controls on greenhouse gases. |
The US withdrew from the Kyoto protocol in 2001. | The US withdrew from the Kyoto protocol in 2001. |
'Desire for clarity' | 'Desire for clarity' |
"We can and must take prompt action to establish a co-ordinated, economy-wide market-driven approach to climate protection," the executives said in a letter to President Bush. | "We can and must take prompt action to establish a co-ordinated, economy-wide market-driven approach to climate protection," the executives said in a letter to President Bush. |
Mr Bush is preparing to make his State of the Union speech | Mr Bush is preparing to make his State of the Union speech |
They have formed a group - the US Climate Action Partnership (USCAP) - which they intend to use to push for mandatory caps on greenhouse gases to cut them by more than 60% by 2050. | They have formed a group - the US Climate Action Partnership (USCAP) - which they intend to use to push for mandatory caps on greenhouse gases to cut them by more than 60% by 2050. |
"It's time for the nation's political leaders to come together and act," Duke Energy chief executive Jim Rogers - a USCAP member - told reporters at a news conference in Washington. | "It's time for the nation's political leaders to come together and act," Duke Energy chief executive Jim Rogers - a USCAP member - told reporters at a news conference in Washington. |
Other members of the USCAP are CEOs of Alcoa, BP America, DuPont, Caterpillar, General Electric, Lehman Brothers, FPL Group and PG and E. | Other members of the USCAP are CEOs of Alcoa, BP America, DuPont, Caterpillar, General Electric, Lehman Brothers, FPL Group and PG and E. |
The pressure from big business stems from a desire for clarity, the BBC's Justin Webb in Washington says. | The pressure from big business stems from a desire for clarity, the BBC's Justin Webb in Washington says. |
At the moment, some states impose caps and the severity varies. | At the moment, some states impose caps and the severity varies. |
The White House said President Bush was going to make an important announcement about energy efficiency and greenhouse gases. | |
But White House press secretary Tony Snow said "binding economy-wide carbon caps" are not part of Mr Bush's approach. | But White House press secretary Tony Snow said "binding economy-wide carbon caps" are not part of Mr Bush's approach. |
Mr Snow added that the president believed that industry must come up with innovations to address the issue of climate change. | Mr Snow added that the president believed that industry must come up with innovations to address the issue of climate change. |