ABC News, via Reuters: A major
But the Business Roundtable, representing 160 of the largest
"The thinking of U.S. CEOs on climate change is evolving significantly," said Charles Holliday, chairman and chief executive of
In recent years, corporate
…"Some of our members like the idea of a cap-and-trade," said John Castellani, president of the Washington-based organization, referring to programs in which companies could buy and sell the right to emit carbon dioxide.
"Some members like a tax approach, we don't know which works best. So at this point we're calling for flexibility," Castellani said in a telephone interview.
The Roundtable's members include some of the biggest names in U.S. business, such as General Electric Co., Exxon Mobil Corp. and General Motors Corp..
…Environmental group the Sierra Club dismissed the Roundtable's statement as an attempt to appear environmentally sensitive while actually seeking to ensure any new regulations accommodate its members.