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Best Buy Adds Muscle to BICEP's Climate Efforts

<p>Best Buy has joined the 15 other major consumer companies in the BICEP coalition, which is pushing for climate and energy legislation in the U.S.<br /> &nbsp;</p>

Best Buy has joined 15 other companies already pushing for climate and energy legislation as part of the BICEP coalition.

Now 16 members strong, Business for Innovative Climate and Energy Policy (BICEP) has been using its set of nine principles to call for U.S. legislation that creates a national renewable energy standard, sets short- and long-term greenhouse gas reduction targets and establishes a cap-and-trade system with 100 percent auction of carbon allowances, among other points.

BICEP members plan to meet with legislators and the Obama administration in March at the end of its "Race for American Jobs and Clean Energy Leadership" tour in support of strong climate change laws.

The other BICEP members are Aspen Skiing Company, Ben & Jerry's, Clif Bar, eBay, Eileen Fisher, Gap, Jones Lang LaSalle, Levi Strauss & Co., Nike, Seventh Generation, Starbucks, Stonyfield Farm, Sun Microsystems, Symantec and Timberland.

The growth of BICEP's ranks comes a week after another group of businesses pushing for climate legislation lost some members.

Earlier this month, BP America, Caterpillar and ConocoPhillips said they would not renew their membership in the U.S. Climate Action Partnership (USCAP), which now includes 28 companies and environmental groups like Shell, Dow Chemical, DuPont and Duke Energy.

While some commentators took it as the beginning of the end for any cap-and-trade legislation, the companies' reasons for leaving the group show otherwise.

ConocoPhillips and BP left over disagreements with where proposed legislation was headed, and Caterpillar left to work on commercializing technologies that are in line with the goals of USCAP.

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