Climate Partnership, Businesses Urge Climate Action Now To Recharge U.S. Economy

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An increasing number of leading
corporations and environmental organizations are calling on Congress and the
incoming Obama Administration to pass meaningful climate protection legislation
to drive economic recovery.
Two major coalitions, USCAP and BICEP,
point to the economic benefits and job creation that will result from taking
such action.

Representatives for U.S.
Climate Action Partnership
, a coalition of 26
corporations and 6 non-profit environmental and conservation organizations,
recently held a Washington press conference to make the economic case for cap-and-trade legislation.

USCAP said that cap-and-trade legislation is urgently needed to
prevent the serious impacts of climate change. Legislation is necessary to spur
innovation in green technologies that will create jobs, increase economic
activity and provide the foundation for a vibrant, low-carbon economy.

Nike, Starbucks, Levi Strauss, Sun Microsystems and Timberland have
formed a new coalition called Business
for Innovative Climate and Energy Policy
(BICEP). This new business coalition also calls
for strong climate and energy legislation to spur the clean energy economy and
reduce global warming pollution.

BICEP’s key principles include stimulating renewable energy,
promoting energy efficiency and green jobs, requiring 100 percent auction of
carbon allowances, and limiting new coal-fired power plants to those that
capture and store carbon emissions.

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