MOLINE, Ill., March 26 /CNW/ -- Deere & Company announced today its
membership in the U.S. Climate Action Partnership (USCAP), which endorses
market-based programs and a federal-level solution for reducing greenhouse
Formed this year, USCAP is an alliance of major businesses and leading
climate and environmental groups calling for federal legislation requiring
significant reductions of greenhouse gas emissions.
"USCAP proposes a coherent and valuable framework that can lead to
realistic solutions and timely actions," said Robert W. Lane, chairman and
chief executive officer of Deere & Company. "We believe John Deere lends an
added perspective on biofuels and renewable energy sources that will assist in
this important effort."
Lane said that by joining USCAP, Deere reinforces its commitment to
helping find policy solutions that appropriately consider the needs of John
Deere customers. Consistent with USCAP's design principles, Deere believes
effective policy to address global climate change ought to include the
benefits of developing and supporting renewable energy sources such as biomass
- both agriculture and forestry, wind and bio-technologies, as well as
processing and distribution improvements.
John Deere (Deere & Company) (NYSE: DE) is the world's leading provider
of advanced products and services for agriculture and forestry and a major
provider of advanced products and services for construction, lawn and turf
care, landscaping and irrigation. John Deere also provides financial services
worldwide and manufactures and markets engines used in heavy equipment. Since
it was founded in 1837, the company has extended its heritage of integrity,
quality, commitment and innovation around the globe.
For more information on USCAP, visit http://www.us-cap.org .
For further information:
For further information: Mary Leonard, Manager, News Services, of Deere
& Company, +1-309-765-4106 Web Site: http://www.us-cap.org