Big Business Going Green

The day before President Bush laid out new plans for alternative energy and global warming last week, the CEOs of ten major American corporations laid out a plan of their own for tackling climate change.

These were big guys. CEOs of Alcoa and Caterpillar, General Electric and DuPont. Names traditionally more associated with factories and chemicals than with environmentalism.

And here was the surprise: these titans of industry are way out in front on the White House when it comes to fighting global warming.

Skeptics say it's all about special pleading and companies positioning for handouts and windfalls. But environmentalists are giving the CEOs a big thumbs-up.

This hour On Point: is American industry going green?

Guests:

Jim Rogers, Chairman of the board, President and Chief Executive Officer of Duke Energy, based in Charlotte, NC

John Carey, Senior correspondent for Business Week

Eileen Claussen, President of the Pew Center on Global Climate Change and Strategies for the Global Environment

John Coequyt, Energy Policy Specialist for Greenpeace.