Caterpillar CEO backs carbon limits

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	Caterpillar CEO backs carbon limits

masbury

5-21-2009 8:57 PM

235 views

tags:

cat, carbon

masbury says:

Believes will make US manufacturers more competitive -

3 Comments |

Add a Comment

5-22-2009 1:51 AM

newage123

thanks for the informative clip

5-22-2009 9:11 AM

deb2012

My first thought is cynical when it comes to a huge multinational company that no small business can compete with.

5-23-2009 11:36 AM

masbury

True, but some things are right no matter who says them!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/03bb8447-92a2-4a8b-8b7a-9a23d4a9b817/9024E1E7-6E21-4BF0-A742-988AA2F09EF9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/" href="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/" style="font-size: 11px;">thinkprogress.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/thinkprogress.org/img/D9BBF59D-345D-4DF4-B969-65AFC4456AE3" alt="ensign121" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/">Yesterday, President Obama sat down with members of his <A href="http://www.whitehouse.gov/blog/PERAB-First-Quarterly-Meeting/">Economic Recovery Advisory Board</A> to discuss the pending <A href="http://www.americanprogress.org/issues/2009/05/clean_energy_reasons.html">Waxman-Markey</A> energy reform legislation. One of the advisers is James Owens, who is the CEO of Caterpillar and also a <A href="http://www.sourcewatch.org/index.php?title=National_Association_of_Manufacturers">member</A> of the National Association of Manufacturers (NAM), the right-wing trade group that has taken a hard-line approach against any energy reform that would reduce greenhouse gas emissions</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/">Owens said placing a cap on carbon would actually <A href="http://www.whitehouse.gov/the_press_office/Remarks-of-the-President-at-First-Quarterly-Meeting-of-the-Presidents-Economic-Recovery-Advisory-Board/">spur innovation</A>: </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/">I think we have the technology, we have the smarts here, and the product technologies, the economic incents of what’s needed. <STRONG>And that’s why I think of us in industry support a clarity around a carbon price, because that’s going to drive a lot of innovation and a lot of efficiency and will get with the program of reducing carbon emissions</STRONG>.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/05/21/caterpillar-nam-waxmanmarkey/">of the group of businesses that have publicly stated their positions, <STRONG>19 favored federal action and only four opposed it. And three of those four are coal-mining companies</STRONG></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9024E1E7-6E21-4BF0-A742-988AA2F09EF9/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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