Financial Times FT.com

US car chiefs pledge to fight global warming

By Edward Luce in Washington

Published: March 15 2007 02:00 | Last updated: March 15 2007 02:00

The chief executives of America's four largest car companies said yesterday they would co-operate with an ambitious legislative plan to tackle global warming and agreed on the merits of devising a US-wide carbon emission "cap and trade" regime.

Their pledge, which took place in a rare joint appearance before Congress, marked a significant step forward for the new Democratic majority on Capitol Hill, which aims to draft America's first national global warming legislation in the next few months.

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