CL MATE

Joint Statement of the Ru mess EnvironmentalLeadership Council

Our country has a long and proud tradto of coming together to respond tochallenges that affect our nation's eco iomic security, health or quality of life. Today,as we approach the millennium, we bt lieve that one of our most serious challenges athome and abroad will be addressing g obal climate change as we work to sustain agrowing global economy.

Our companies recognize that the risk; and complexities of climate change are soimportant that we must work together tomeet this challenge. We support efforts tobring together the ingenuity and expeence of all sectors of our society -- private,public, and non-governmental organ tos to address this issue in a constructiveway. We also believe that the respone must be cost effective, global, and equitable,and allow for economic growth based on free market principles.

It is in this context that each of our co npanics has decided to participate in a newinitiative, the Pew Center on Global Climate Change, as members of its BusinessEnvironmental Leadership Council.

We begin this important effort unit d in several beliefs:

First, we accept the views ofmost scientists that enough is known about theScience and environmental i placts of climate change for us to take actions toaddress its consequences.

Second, businesses can and! Ihould take concrete steps now in the U.S. andAbroad to assess opportunities for emission reductions, establish and meetEmission reduction objectiv( s, and invest in new, more efficient products,practices and technologies.

Third, the Kyoto agreement~ represents a first step in the internationalProcess, but more must be done both to implement the market-basedMechanisms that were adopt ed in principle in Kyoto and to more fullyInvolve the rest of the world in the solution.

Fourth, we can make si atprogress in addressing climate change andSustaining economic growif in the United States by adopting reasonablepolicies, programs and transition strategies.

Advancing theAdebate through TePew Center on Global Climate Change will add a constructive, positive andcredible analysis pragmatic voice to the public debate $m this important issue. We look forward toand cooperative working with the Center and everyone interested in a constructive dialogue on theapproaches. issue of global climate change.

2101 Wilson BIvdSuite 550ArlingtonVA 22201

Ph (703) 516-4146fax (703) 841-1422

www pewclimate~org

ja~ PEW CE N TE R Ln va~ilable Reports from theV ~~CIMATE Pew C teonGlobal Climate ChangeI I ~~~~~~~~~~~~~~~~~~(updated December 2000)

To request copy of any of the Pew Center reports or to be added to our

mailing list to receive future reports, please contact us through our

website (w4w~pewclimate~org) or byemailing Katie MandesDirector of

Communic6 tions, at mnandes~pewclimate. org. There is no charge for

tereportsj

EconoricsSeries

New Directions in the Economicess andflntearated Assessment of Global Climate Change, by

Stephen J. DeCanio of the Unverst ofCalifdynia, Santa Barbara; Richard B. Howarth of Dartmouth College;

Alan H. Sanstad of Lawrence Berkeley National Lz boratory; Stephen H. Schneider of Stanford University; and

Starley L. Thompson of Complex Systems Researcha, Inc. (October 2000

The Role of Substitution in Understanding the cjosts of Climate Change Policy, by Dale Jorgenson of

Harvard University, Richard J. Goettle of Northeas ~ern University, Peter Wilcoxen of the University of Texas at

Austin and Mun Sing Ho of Harvard University. (Slpeme 2000)

Technology and the Economics of Climate Chang2e Policy, by Jae Edmonds, Joseph M. Roop and

Michael J. Scott of Battelle. (September 2000)

An Introduction to the Ejconomnics of Climate Ciange Policy, by John P. Weyant of Stanford University.

(July 2000)

International Emissions Trading & Global Clin ate Cane: pct on the Costs of Greenhouse Gas

Mitigation by Jae Edmonds, Michael J. Scott, Josdph M. Roop, and Christopher M. MacCracken of Battelle.

(December 1999)

Environ ental Impacts Series

Human Health & Global Climate Change: A R~ve of Potential Imnacts in the United States. by

John M. Balbus of The George Washington Univefsity and Mark L. Wilson of The University of Michigan.

(December 2000)

Ecosystems & Global Climate Change: A ReviejP of'Potential Impacts on U.S. Terrestrial Ecosystems and

Biodiversit. by Jay R. Malcolm of the University ~of Toronto and Louis F. Pitelka of the University

of Maryland. (December 2000)

Sea-Level Rise & Global Climate Change: A Review of Impacts to U.S. Coasts, by James E. Neumann of

Industrial Economics, Inc., Gary Yohe of Wesleyan University, Robert Nicholls of Middlesex University and

Michelle Manion of Industrial Economics, Inc. (Februar 2000)

Water &t Global Climate Change: P'otentiat Imnbacts on U.S. Water Resources, by Kenneth D. Frederick of

Resources for the Future and Peter H. Gleick of the Pacific Institute for Studies in Development, Environment

and Security. (September 1999)

The Science of Climate Change: Global and U. . Perspectives, by Tom M.L. Wigley of the National Center

for Atmospheric Research. (June 1999)

Agriculture & Global Climate Change: A Revir of Impacts to U.S. Agricultural Resource, by

Richard M. Adams of Oregon State University, Bean H. Hurd of Stratus Consulting, Inc., and John Reilly

of the Massachusetts Institute of Technology. (Fe] ruary 1999)

Policy Series

Promoting Meaningful Compliance with Clina et Chne 'Commitments, by Eric Dannennraier of theNorth-South Center Environmental Law Program nud Isaac Cohen of INVERWAY, LLC. (November 2000)

The Kyoto Mechanisms & Global Climate Chalge: Coordination Issues and Domestic Policies by Erik Haites ofMargaree Consultants Inc. and Malik Amin Aslanm of ENVORK Research and Development Organization.(September 2000)

Land Use & Global Climate Change: Forests. Land Management, and the Kyoto Protocol, byBernhard Schlamadinger of Joanneumn Research, 4ustria and Gregg Marland of Environmental Sciences Division,Oak Ridge National Laboratory, USA. (June 2000?i

The European Union & Global Climate Chan4s: A Review of Five National Prolzrammes, by John Gurmner andRobert Moreland of Sancroft International Ltd. (Jdne 2000)

Developing Countries & Global Climate Chant'i: Electric Power Options in Brazil, by Roberto Schaeffer of theFederal University of Rio de Janeiro (FUR]), Jefftry Logan and William Chandler of the Advanced InternationalStudies Unit of Battelle, Alexandre Salem Szklo ar d Joao Carlos de Souza Marques of FURL. (May 2000)

Developing Countries & Global Climate Chang{e: Electric Power Options in Argentina, by Daniel Bouille of theInstitute for Energy Economics, Bariloche Founda Lion (IEEBF), Hilda Dubrovsky of IEEBF, William Chandler andJeffrey Logan of the Advanced International Studi as Unit of Battelle and Fernando Groisman of IEEBF. (May 2000)

Developing Countries & Global Climate Chanu e: Electric Power Options in China, by Thou Dadi of the BeijingEnergy Efficiency Center (BECon), Guo Yuan of Zhina Energy Research Institute, Shi Yingyi of BECon, WilliamChandler and Jeffrey Logan of the Advanced Inteilmational Studies Unit of Bafttelle. (May 2000)

Developing Countries & Global Climate Chang e: Electric Power Options in Korea. by Jin-Gyu Oh of the KoreaEnergy Economics Institute (KEEI), Jeffrey LogaA and William Chandler of the Advanced International Studies Unitof Battelle, Jinwoo Kim, Sung Bong Jo and Dont-eok Roh of KEEL. (October 1999)

Develop~ing Countries &Global Climate Chan e:Electric Power Options in Ind. by P.R. Shukha of the IndianInstitute of Management, Ahmnedabad (IIM), Will am Chandler and Jeffrey Logan of the Advanced InternationalStudies Unit of Battelle, and Debyani Ghosh of II A. (October 1999)

Developing Countries & Global Climate Chanc e: Electric Power Options for Growth, by Mark Bernstein,Scott Hlassell, and Jeff Hagen, et al. of RAND. (Ji ne 1999)

Market Mechanisms &GlobalClimate Chang : An Analysis of PolicyvInstruments by Annie Petsonk,Daniel J. Dudek, and Joseph Goffman of the Envi onmental Defense Fund. (October 1998)

Equity &,~Global Climate Change: The Comy Elements of Global Fairnes by Eileen Claussen andLisa McNeilly of the Pew Center on Global Clinm te Change. (October 1998)

Early Action & Global Climate Change: An At alvsis of Early Action Crediting Proposals. by Robert R. Nordhausand Stephen C. Fotis of Van Ness Feldman, P.C. October 1998)

Solut ons Series

Appliances & Global Climate Change: Increasing Con uer Participation in Reducing Greenhouse Gases by

Everett Shorey of Shorey Consulting, Inc. and Tom Ecknian of the Northwest Power Planning Council.

(October 2000)

An Overview of Greenhouse Gas Emissions Inventor, Issues, by Christopher Loreni, William Wescott and

Michael Isenberg of Arthur D. Little, Inc. (August 2000)

Other Documents

"The Practice and Theory of the Kyoto Mechanisms" (September 2000)

"Ensuring a Viable Clean Development Mechanism" September 2000)

"Reducing Emissions While Maintaining Economic Growfth Electric Power Options in Developing

Counties" (September 2000)

Alcoa, DTE Energy,

Georgia-Pacific, Intel,

Ontario Power Generation,Rohm and Haas, and

Wisconsin Electric _

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So stand alongside these busin asses. It can make a world of difference.www.j ewclimate.org

P EW C E NTERA

CI MATE

to address g~lobal climat change The compilie in .t dad ab~. h ~ Center uies onnmna Laesi Council an do nt contribut fini.n.iatly to the oranrationd

As appeared in:

Green@Work The New Republic The Capital SourceSeptember/October 2000 October ±~ 2000 2000 Fall Edition

Harvard Business Review Greener Lusiness GuideOctober/November 2000 2001 Edltn/

PEW CEN TER Hon .Eileen ClaussenV GC A T GE President

Eileen Claussen is the President f the Pew Center on Global Climate Change. She

is also the President and Chairnm of the Board of Strategies for the Global

Ehvironment. Ms. Claussen is te former Assistant Secretary of State for Oceans

and International Environmental and Scientific Affairs. In that capacity, she was

responsible for developing and implementing policy on behalf of the United States

on major international issues, in lding climate change; ozone depletion;

chemicals; natural resource issues, including forests, biodiversity, oceans, fisheries

and wildlife conservation; and tbe sustainable development efforts of the

multilateral development banks ad the United Nations.

Prior to joining the Department f State, Ms. Claussen served for three years as a

Special Assistant to the Presidei t and Senior Director for Global Environmental

Affairs at the National Security Zouncil. In this role, she was responsible for policy

development on a wide range ol global environment and population issues. During

this time, she also served as Ch, irman of the United Nations Multilateral Montreal

Protocol Fund.

From 1987 to 1993, Ms. Claussn was Director of Atmospheric Programs at the

U.S. Environmental Protection gency. There, she directed international and

domestic activities related to the depletion of the ozone layer; developed the acid

rain program under Title IV of heClean Air Act; negotiated the Clean Air Accord

with Canada; and directed the c velopment of the EPA's energy efficiency

programs, including the Green rights program and the Energy Star program. Ms.

Claussen also served from 1990 to 1991 as the Deputy Assistant Administrator for

the Office of Air and Radiation Between 1972 and 1987, she directed various

programs at the U.S. Environm ntal Protection Agency, including those dealing

with the land disposal ofhzrous waste.

Ms. Claussen is the recipient ofthe Department of State's Career Achievement

Award, the Meritorious Execut ye Award for Sustained Superior Accomplishment,

Advancing the the Distinguished Executive Ai ard for Sustained Extraordinary Accomplishment,debate through, and the Fitzhugh Green Award for Outstanding Contributions to Internationalcredible analysisand cooperative Environmental Protection. At he conclusion of her government career, she servedapproaches. as the Timothy Atkeson Scholar in Residence at Yale University. She received a

2101 Wilson Blvd. Master of Arts degree from the University of Virginia, and a Bachelor of ArtsSuite 550

Arlington, VA 22201 degree from George Washington University. Ms. Claussen is a member of theph (703) 516-4146 Board of Directors of the Envii onmental Law Institute.fax (703) 841-1422

www pewctimate.Org

Rising greenhouse gas emissions are conmtri ing vh are companies doing ths They are

to global climate change, moth senious impiscakons demonstrating their environmental commitment.

for the environment and the economy Now a And they are improving their efficiency and

new repor-t, An Overview of Greenhouse Gas positioning themselves for growth and compete-

Emissions inventory issues, descnibes h w tion in the future.

some of the world's leading companies have So take a lesson from the leaders. Visit

inventoried their emissions. It's the first ste in www~pewcllmate.orq to learn what smart

any effort to reduce them, and these comp fles companies are doing about global climate change.

have shown it can be done,

P E W C E NT ER Tb Pew Center on is loIa .Cliat hanga is a not-for-prfit. eion-patisei and

.n ependent oraiaindedicated to .prdii cr~edib .le inereahliciand inovitile

BANG E so~~~~ lios i the effort to address global cira~t.echange Severa of the comhpaniscnelo a CLMATE on toned in the report descrbed above armebees f the Pe ceitefi Butines

Piat credt AIP Ervlt trteSi See1~ hio- Alber Einstein Licensd bl Tie He~res Lit aesty at , Renatn , -iprse d by Iie Raer Ricima Aenile Inc.. ee ie til, CA 90212t a U W i.l etiCCtj~

As appeared in:

Chemical and Engineering News Chemical Market Chemical WeekSeptember 18, 2000 R porter September 20, 2000

Sptember 18, 2000

Business Week Electric PerspectivesOctbber 2, 2000 Industry Week November/December 2000

0~ tober 2, 2000

'Some,, business de ncan make Wi 'IV rld. of Dif ference

These companies are taking significant steps o address global climate change. Using smart business

practices, new technologies and innovations, tI ey are harnessing the force of markets around the world

to increase efficiency and decrease dependence on carbon intensive fuels that contribute to climate

change. Take a look at their commitments:

Baxter plans to im .rove energy efficiency by 30 percent by 2005 compared

B6ax er with its energy effi iency in 1996. Its aggressive program is alreadyproducing results: between 1990 and 1999, Baxter cut emrissions of

energy-related cart on dioxide 20 percent per unit of production value.

BPAmoco BP Amoco intends to reduce greenhouse gas emissions by 10 percent of1990 levels by 20 10 and has implemented an emissions trading system

across all of its bu miesses.

ABS has cmitto reduce greenhouse gas emissions by one percent per

A ~~~~year through 2005 This, together with the global implementation of the

JIL11 ~~ISO 14001 env romental standard at ABB sites and workshops and the

development of en ironmental declarations for its businesses and core products

demonstrate the s' rength of ABB's environmental management program.

Baxter, BP Amoco and ABS are doing their p~ rt, but these leaders cannot succeed by themselves. More

companies need to establish their own target~ and programs to reduce greenhouse gas emissions.

Governments must encourage and support rec uctions in domestic emissions and, working with business

and NGO's, establish equitable and effective flobal and national frameworks.

For more information on how the a and other businesses are responding to thechallenge of global clim ite change, please visit our website at

www. p e WC I i mate. org .

P E W C E N T E R The Pew C, ner on Global Cinmate chnane isa non-proft, non-partisan end independent

P E W C E N T E R organiztlo, dedicated to provding credibl i nformation, straight answers and innovatee

-U soio 1 LI A E Wtition i, the effort to address global climate c.hage. Beater, BP Amoco and ABB arc

'~~ IflIAII~I~~.UA~flE members o the Pew center's Business Env,ro~nmentai Leadership councii and do not

Z loatiJA flfCHNG'E cohnerbute inencia li to the organizatio.,

AS appeared in:

Washington Times Washington Post NIational Journal Wall Street Journal Business Week

June 7, 2000 June 8, 2000 Jiune 10, 2000 June 12, 2000 July 10, 2000

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2101 Wilson Blvd. Wisconsin ElectricSuite 550

Arlington, VA 22201

ph (703) 516-4146 IW HrOLNAM

fax (703) 841-1422

www paeve lineateor