Business joins environmentalists on global warming

I haven't seen anything about this in the U.S. press. Maybe it's there, but it's been below the horizon in the news I read:

An unprecedented coalition of blue-chip US companies and environmental lobby groups will urge President Bush next week to get serious about global warming, calling for caps on carbon dioxide emissions that would cut greenhouse gases by 10-30 per cent over 15 years.

The group, called the US Climate Action Partnership, will unveil the details of its plan on the eve of President Bush's State of the Union speech on Tuesday. The companies involved include some of the old-fashioned pollution-generating industries normally associated with anti-environmental policies and politicians - the chemical giant DuPont, the bulldozer company Caterpillar, the aluminium producer Alcoa and the US subsidiary of BP.

They, and environmental lobby groups such as Environmental Defense and the Natural Resources Defense Council, said yesterday they will call for "swift federal action on reducing greenhouse gas emissions and speeding the adoption of climate-friendly technology".

Hopefully this isn't just self-serving hype. If it's for real, it's really good news.