Chairman of United Technologies Tells Congress to Tax Carbon. By Scott Malone, Reuters, July 29, 2008. "Two top executives from U.S. industry told a congressional panel on Monday that the country should assign a dollar cost to carbon emissions to encourage investment in efficiency and tackle climate change. 'We need to reaffirm the principle of predictability,' George David, chairman of United Technologies, told the House of Representatives Select Committee on Energy Independence and Global Warming… But John Rice, a General Electric vice chairman, said GE sees cap-and-trade as the way to go."
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