Organization: Wal-Mart Stores Inc.

Year: 2010

Description:  
RESOLVED:  The Shareholders of Wal-Mart Stores, Inc. (the “Company”) urge the Board of Directors (the “Board”) to adopt principles for national and international action to stop global warming, based upon the following six principles: 
 
1. Reduce emissions to levels guided by science to avoid dangerous global warming.
2. Set short- and long-term emissions targets that are certain and enforceable, with periodic review of the climate science and adjustments to targets and policies as necessary to meet emissions reduction targets.
3. Ensure that states and localities continue their pioneering efforts to address global warming.
4. Establish a transparent and accountable market-based system that efficiently reduces carbon emissions.
5. Use revenues from the carbon market to:
 
* Keep consumers whole as our nation transitions to clean energy;
* Invest in clean energy technologies and energy efficiency measures;
* Assist states, localities and tribes in addressing and adapting to global warming impacts;
* Assist workers, businesses and communities, including manufacturing states, in a just transition to a clean energy economy;
* Support efforts to conserve wildlife and natural systems threatened by global warming; and
* Work with the international community, including business, labor and faith leaders, to provide support to developing nations in responding and adapting to global warming.  In addition to other benefits, these actions will help avoid the threats to international stability and national security posed by global warming.
 
6. Ensure a level global playing field by providing incentives for emission reductions and effective deterrents so that countries contribute their fair share to the international effort to combat global warming.
 
Supporting Statement: The President of the United States, the Congress and heads of state of America’s global trading partners all agree that global warming is a clear and present danger and must be stopped.
  
The President has warned that, “the threat from climate change is serious, it is urgent, and it is growing.  Our generation's response to this challenge will be judged by history, for if we fail to meet it?boldly, swiftly, and together?we risk consigning future generations to an irreversible catastrophe.”  [Speech to G-20, 9/22/2009.]
 
Leading companies, including Alcoa, Apple, Caterpillar, Deere, Dow Chemical, Duke Energy, Entergy, Gap, General Electric Company, IBM, Johnson & Johnson, PepsiCo, Starbucks and Xerox have recognized the threat posed by global warming and are taking steps to stop it.  Each company has adopted principles that recognize that the way forward must include national legislation and international treaties to effectively stop global warming. 
           
Our Company and its shareholders would realize significant gains from the Board’s adoption of principles to stop global warming.
     
We urge you to vote FOR this proposal.