The Week That Was (Feb 28, 2009) brought to you by SEPP | CO2sceptics
FRED SINGERObama’s Greenhouse Gas Gamble - NYTimes.com
The Week That Was [PDF] (Feb 28, 2009) brought to you by SEPP
WASHINGTON — In proposing mandatory caps on the greenhouse gases linked to global warming and a system for auctioning permits to companies that emit them, President Obama is taking on a huge political and economic challenge.Apple, Al Gore and Climate Change
Business lobbies and many Republicans raised loud objections to the cap-and-trade program Mr. Obama proposed as part of his budget this week, saying the plan amounted to a gigantic and permanent tax on oil, electricity and manufactured goods, a shock they said the country could not handle during economic distress.
A recent report by RiskMetrics and CERES focusing on corporate governance and climate change policies scored IBM at 79. Dell 77, and Apple 27. One of the key issues the survey tracked was board oversight of climate change. It asked for evidence of explicit oversight responsibility for environmental affairs or climate change. Apple got a score of zero in that area. Think about that -- a zero with Al Gore on the board. The company is either doing little or hurting itself by not responding adequately about what it is doing.
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