Alcoa has launched the Blueprint for Legislative Action, a climate protection initiative in partnership with other corporate and environmental organizations.
The Blueprint for Legislative Action includes policy recommendations for developing legislation to address climate change.
Alcoa Chairman Alain Belda, said, "This Blueprint provides detailed recommendations on confronting climate change and reaffirms support for a national cap-and-trade program. In these difficult economic times, these efforts to pursue green strategies confirm our view at Alcoa that it is important to take action now both to address the problem and give businesses greater clarity around long-term investments. To avoid action will cost society even more greatly in the future and leave business with greater uncertainty."
The Blueprint for Legislative Action was developed through two years of intensive analysis and consensus-building. It includes an aggressive emissions reduction schedule, describes the scope of coverage for the cap-and-trade program, and details specific complementary measures to help maintain the competitiveness of U.S. businesses, facilitate technology transformation for improved energy efficiency, transportation, coal fueled power plants and buildings and provides for cost containment measures such as offsets and principles for international engagement.