U.S. CEOs Tell Congress They Want Carbon Caps

Big-business executives tell a Senate panel that the U.S. should take the lead on climate change.

Published: 16-Feb-2007

WASHINGTON — Corporate CEOs do not usually come to Capitol Hill to lobby for more government regulation. But that's what a group of executives did Tuesday, urging Congress to cap emissions blamed for global warming.

Peter Darbee, chairman and chief executive officer of PG&E Corp. — parent of California's largest utility, Pacific Gas and Electric Co. — called for the United States to be "at the forefront of addressing global climate change" by approving a mandatory program to reduce greenhouse gases.

Charles O. Holliday Jr., chairman and chief executive of DuPont Co., added that he believed "voluntary efforts alone will not solve the problem."

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