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GET AHEAD OF THE WAVE

When recalcitrant holdouts like President Bush and the chairman of Exxon-Mobil suddenly concede that climate change is real, you can be sure of one thing: A political consensus of some kind cannot be far away. Some companies want to get ahead of that–and even influence it. At least that’s the kind of thinking that recently led 10 major U.S. corporations to join with green lobbyists Environmental Defense to push for passage of a national cap on greenhouse emissions. The goal of the group, called U.S. Cap, is to cut domestic greenhouse gas emissions by 60% to 80% from current levels by 2050.

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