We have made addressing climate change a corporate and policy priority at NRG.

NRG realizes that society can only achieve the emission reductions needed to avoid dangerous climate change by quickly developing and deploying low-carbon technology in the power and transportation industries, and other sectors worldwide.

To succeed, the U.S. must lead the world in adopting a domestic climate change policy that puts a price on carbon and uses carbon revenues to jump start the deployment of carbon capture and sequestration, nuclear, promising renewables and other technologies. We are tireless advocates for such policies in Washington, D.C., and are tailoring the future development of our portfolio for success in a carbon-constrained world.

We support visionary leadership in Congress to pass comprehensive, innovative climate change legislation to spur development of sustainable energy sources and make a low-carbon economy a reality. We urge the early passage of a pragmatic and balanced cap and trade approach [see sidebar] to reduce carbon emissions and stimulate the development and rapid deployment of low-carbon technologies.

The transformation needed in the power business and other energy intensive sectors cannot happen unless Congress passes effective, comprehensive legislation. In so doing, the U.S. will move from being a major contributor to the carbon problem, to being a global leader in solving it.

NRG has also called upon the industry to support national and international carbon control policies while reducing its own carbon footprint. NRG joined other global business leaders to form "Combat Climate Change," or "3C," www.combatclimatechange.org, a global business initiative with over 50 members committed to taking a leadership role around the world in reducing carbon emissions and addressing global warming. And as an active member of the United States Climate Action Partnership (USCAP), www.us-cap.org, we support the passage of effective domestic climate legislation here in the United States.