isramart : Duke signs ad for carbon legislation

isramart news:
Duke Energy and 19 other U.S. corporations — including more than half-a-dozen power companies — took out full-page ads in major political publications to support pending carbon legislation.

The ads ran Tuesday in Roll Call, Politico and CQ Today. All three are Capitol Hill publications frequently read by Congress members and their staffs.

Headlined “Competing by Leading,” each ad is an open letter calling on President Obama and Congress to cooperate in making the Waxman-Markey Energy Bill law. The U.S. House of Representatives is scheduled to vote on the bill Friday.

The bill includes a number of clean energy initiatives. The key provision calls for a cap and trade system to gradually reduce carbon dioxide emissions. That is one of the principal greenhouse gases identified as a cause of global warming.

“We support this legislation because certainty and rules of the road enable us to plan, build, innovate and expand our businesses,” the letter says. “ Putting a price on carbon will drive investment into cost-saving, energy-saving technologies, and will create the next wave of jobs in the new energy economy.”

The ad was supported by Ceres, a group that promotes environmental investing, and the Clean Economy Network.