BP, HP, Shell sign letter supporting emissions cuts: "The recession shouldn’t be used as an excuse…"

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http://www.chron.com/disp/story.mpl/headline/biz/6152845.html

BP, HP, Shell sign letter supporting emissions cuts

Bloomberg News
Dec. 8, 2008, 6:29AM

BP, Royal Dutch Shell, Hewlett-Packard and 137 other companies from around the world urged delegates at United Nations climate talks in Poland to commit to deep and rapid cuts in greenhouse-gas emissions.

The recession shouldn’t be used as an excuse to delay investments needed to slash emissions and help fight global warming, the companies said in an e-mailed statement today. The proposal, backed by companies from China and Brazil to the U.S. and Britain, was dubbed the Poznan communiqué after the Polish city where the UN talks are being held through Dec. 12.

“The global economic downturn may cause some to question whether now is the time to act,” the companies said. “We believe that decisive action will stimulate global economic activity.”

Delegates from about 190 nations are in Poznan, halfway through two years of talks to devise a new treaty to fight global warming to be approved next December in Copenhagen.

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1. The Poznan Communiqué on Climate Change

http://www.cpi.cam.ac.uk/pdf/Poznan%20Communique%20with%20Signatories.pdf