Leading Energy Industry Organization Shows Support for Climate Change Response Efforts
October 29, 2003
Washington, DC (October 28): The Business Council for Sustainable Energy sent letters to Senators John McCain and Joseph Lieberman acknowledging their efforts to address the threats of global climate change. McCain and Lieberman are the lead sponsors of the Climate Stewardship Act, a bill that will be voted on this week.
"Since its inception in 1992, the BCSE has always strongly advocated market-based responses to addressing climate change," said Michael Marvin, BCSE President. "We applaud the Senators for their leadership in advancing economic tools to reduce greenhouse gas emissions."Instead of selecting the type of emissions allocation system that would be used in any trading program, this proposal defers to the Secretary of Commerce to devise the suitable emissions allocation system. The Council and its members promote an updating, output-based allocation system that encourages companies to become more efficient and innovative in their technological responses.
"Though Council members may not agree with every aspect of this bill, it is important to inform Members of Congress and others that the entire business community is not opposed to responsible action on climate change," stated Marvin. "BCSE members and thousands of other US companies strongly support real action to address the real threat of climate change. Current voluntary programs are important but they have not provided an adequate response."
The Climate Stewardship Act is being debated today and is expected to be voted on Thursday, October 30 in the US Senate.
The Business Council for Sustainable Energy is a coalition of companies and industry trade associations dedicated to promoting economic, environmental and energy independence objectives within the U.S. and internationally. The BCSE supports technological responses to environmental issues, implementation of cost-effective programs and policies that recognize the environmental attributes of energy sources and reduced reliance on imported fuels. Sister organizations have been formed in the European Union (e5 in 1996), United Kingdom (UKBCSE in 2001) and in Australia (ABCSE in 2002).