THE WHITE HOUSE
Office of the Press Secretary
STATEMENT BY THE PRESIDENT
I commend BP Amoco and its chief executive, John Browne, for once again demonstrating the kind of corporate leadership needed to meet two of our most pressing environmental challenges -- air pollution and global warming.
Last fall, British Petroleum set a new standard in corporate responsibility by voluntarily pledging to reduce dramatically its emissions of greenhouse gases. Today, BP Amoco extended this pledge to cover Amoco's production facilities as well. These commitments demonstrate that leading corporations can serve their investors and their customers, even as they join us in the fight against global warming.
Also today, BP Amoco announced plans to market cleaner fuels in 40 cities around the world to help improve local air quality. By using the latest technology to custom-tailor fuels to address the unique pollution concerns of these cities, the company will help produce cleaner, healthier air for millions of people worldwide. And it is helping to build the kind of partnership between the fuel and automotive industries that will be needed to deliver clean, efficient transportation for the 21st century.
With today's announcements, BP Amoco offers further proof that a strong economy and a healthy environment go hand in hand. Working together, we can ensure that future generations breathe cleaner air, and we can protect them from the grave risks of global warming.