Industry CEOs testify for emissions limits (Boxer committee, Inofe quite ironic)

[gulfcoastliberal]

(02-14) 04:00 PST Washington -- California Sen. Barbara Boxer enlisted the help of several Fortune 500 company executives Tuesday to argue that mandatory greenhouse gas limits won't damage the U.S. economy.

Boxer, who chairs the Senate Environment and Public Works Committee, called business leaders from PG&E, DuPont and BP America to testify before Congress about their support for economy-wide emissions limits to fight global warming.

"All these companies agree that we need to act now to enact a mandatory program to address global warming," Boxer said at the hearing.

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But several top Republican senators, who oppose climate change legislation, accused the CEOs of lobbying for new regulations that could benefit their companies.

"More and more companies that wish to profit on the backs of consumers are coming out the woodwork to endorse climate proposals in hopes of forcing customers to buy their products or be penalized," said Sen. James Inhofe, R-Okla., the panel's top Republican, referring to the companies as "climate profiteers."

http://tinyurl.com/2sg5c9

[Moby Grape]

1. there IS already a mandatory program.

It is called the Kyoto Protocol.

the biggest problem is,
the participants are ignoring it.