USCAP Offers Congress a Blueprint for Climate Action

摘要

The US Climate Action Partnership (USCAP), a coalition including Dow Chemical and DuPont as well as environmental groups, has released a detailed plan for curbing climate change, including a cap-and-trade program for reducing greenhouse gas emissions 80% from 2005 levels by 2050. USCAP recommends that the government take steps to limit the challenges that a cap-and-trade program presents for energy-intensive industries, an element that industry executives have said is of critical importance to the chemical industry. Representative Henry Waxman, who recently took over as chairman of the House Energy and Commerce Committee, says his goal is for the committee to pass climate legislation before Memorial Day.