Bentonville, Ark. (July 31, 2006)—Wal-Mart Stores, Inc. and The Natural Resources Defense Council (NRDC) join in commending all who contributed to the National Action Plan for Energy Efficiency. This Plan demonstrates the depth and diversity of support for energy efficiency as a crucial part of the solution to volatile energy prices and formidable environmental challenges such as global warming. In addition, the National Action Plan emphasizes the important role of utilities in promoting energy efficiency improvements and the need for regulators to ensure that cost-effective energy efficiency advances both customer and shareholder interests.
We agree with the National Action Plan’s recommendations to recognize energy efficiency as a high priority energy resource; to communicate its benefits and opportunities broadly; to promote sufficient, timely and stable funding where cost-effective; and to modify policies to align utility incentives with the delivery of cost-effective energy efficiency and modify ratemaking practices to promote energy efficiency investments. Our staffs have been working together to achieve these objectives. We commit ourselves now to redoubling our joint efforts in support of the National Action Plan’s worthy goals and recommendations. And we thank and congratulate all involved.
For more information on Wal-Mart’s commitment to sustainability, please visit www.walmartfacts.com or www.walmartstores.com.