ConocoPhillips Pledges $1 Million to Climate Change Policy Partnership at Duke
Durham, NC -- ConocoPhillips, the third-largest integrated energy company in the United States, has pledged $1 million to support an industry-university collaboration working to develop policies that address global climate change, Duke University President Richard H. Brodhead announced Wednesday.
The Climate Change Policy Partnership (CCPP) is a four-year initiative launched last year by Duke University and Duke Energy to pool the expertise of the university’s Nicholas Institute for Environmental Policy Solutions, Nicholas School of the Environment and Earth Sciences, and Center on Global Change with other concerned partners in the corporate and academic worlds.
“There are few issues today more critical than global climate change, which is why it is vital for our government, corporate and environmental leaders to possess unbiased data and analyses in order to make informed decisions. Providing that type of impartial information is the aim of the partnership,” Brodhead said. “We welcome ConocoPhillips’ support of this effort, which exemplifies Duke’s larger mission of generating and sharing knowledge to serve society.”
ConocoPhillips’ gift will support research and policy analysis on a range of issues critical to climate change and energy.
“ConocoPhillips welcomes the opportunity to participate in Duke University’s Climate Change Policy Partnership,” said Phil Frederickson, executive vice president of Planning, Strategy and Corporate Affairs for ConocoPhillips. “We believe the partnership will play an important role in devising practical, equitable and cost-effective approaches to addressing global climate change issues.”
Tim Profeta, director of Duke’s Nicholas Institute, said, “ConocoPhillips shares a common conviction with Duke University and its partners that the purpose of this partnership must be to apply, not merely accrue, knowledge. Providing decision-makers with factual, timely counsel, free of political spin, is critical.”
The CCPP will expand its focus as it adds new partners from the nation’s agricultural and financial services industries. International packaging company MeadWestvaco joined the partnership earlier this year.
“We are eager for other partners to join us in this endeavor,” said Robert B. Jackson, director of Duke’s Center on Global Change. “A viable policy to address global climate change must encourage reduced carbon emissions from all sources and segments of the economy, not just a few.”
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