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Caterpillar to call for action on global climate change

Caterpillar Inc. Chairman and CEO Jim Owens joined a diverse group of businesses and environmental organizations to call on U.S. policymakers to establish a mandatory emissions reduction program to address climate change. Along with Caterpillar, members of the alliance—known as the U.S. Climate Action Partnership (USCAP)—include market leaders Alcoa, BP America, Duke Energy, DuPont, General Electric, PG&E, PNM Resources and four leading non-governmental organizations—Environmental Defense, Natural Resources Defense Council, Pew Center on Global Climate Change and World Resources Institute.

Caterpillar supports a U. S. federal-level approach that is well integrated into a harmonized global system of greenhouse gas reduction initiatives, in particular one that avoids local or regional development of separate paths—requiring separate technology—in achieving emissions targets. Proposed solutions also must factor in the broad economic impact as well as the impact on existing energy sectors.



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