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DRUDGE: BARACK PETROLEUM


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BARACK PETROLEUM

BP America President and Chairman Lamar McKay: ?BP supports an economy-wide price for carbon based on fair and equitable application across all sectors and believes that market based solutions, like a cap and trade or linked-fee, are the best solutions to manage GHG emissions.? (Committee on Energy and Commerce, Subcommittee on Energy and Environment, U.S. House Of Representatives, Hearing, 6/15/10)

Shell President Marvin E. Odum: ?That is why Shell supports legislating a solution to energy and climate issues as a means to create a secure U.S. energy future, reduce dependence on foreign oil and decrease greenhouse gas emissions. This requires setting a price for carbon, and we recommend cap and trade.? (Committee on Energy and Commerce, Subcommittee on Energy and Environment, U.S. House Of Representatives, Hearing, 6/15/10)

ConocoPhillips CEO James J. Mulva: ?Another key element of a comprehensive energy policy should be federal action to address global climate change. As you are aware, ConocoPhillips supports passage of a comprehensive federal law establishing a clear and transparent price for carbon.? (Committee on Energy and Commerce, Subcommittee on Energy and Environment, U.S. House Of Representatives, Hearing, 6/15/10)








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