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NC companies call for national carbon emissions policy

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RALEIGH (AP) -- Some banking and utility executives in North Carolina say a strong national policy on carbon emissions would reduce financial risk and spur investment in response to global climate change.

Leaders at five North Carolina-based companies talked about their energy efficiency efforts at a meeting led by State Treasurer Richard Moore. The firms all participated in a climate change survey that a nonprofit group released worldwide.

The North Carolina companies praised the state for its own efforts to encourage power production through alternative energy sources. But Mike Stroben with Duke Energy says state leader should endorse a national policy that will set rules that large companies can use all over the country.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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