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The 3C Initiative

Big biz gets in line

Posted by David Roberts at 3:15 PM on 16 Jan 2007

Eighteen major corporations, including power companies and companies that manufacture power-generation equipment, come together to call for a concerted global plan to fight climate change, built around the following nine principles:

  1. A switch-over to a low-emitting economy is a necessity
  2. A global solution is needed
  3. A common, global goal limiting climate changes is needed
  4. Greenhouse-gas emissions must have a global price
  5. A well laid-out combination of short- and long-term actions is needed
  6. No options should be excluded
  7. A global emissions market is needed
  8. The developed countries must lead the way and the developing countries should follow as soon as they are able
  9. Fair and sustainable global burden-sharing must be reached

Magical pony land? Nope, it's real. Joel Makower has the details.

Before we get too excited..

Duke Energy, one of the corporations listed in the 3C group, currently has a proposal before the N.C. Utilities Commission to build two new coal plants.

The true meaning of life is to plant trees, under whose shade you do not expect to sit.
Thanks for the heads up on Duke

When I first saw this I was enthusiastic about it being early evidence of a corporate tipping point.  While some of the signatories may be legitimate, it's all too easy for organizations like this to act as camouflage for those who find it easy to sign statements of principle they have little intention of honouring...

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