Pew Center Turns to Industry Funding for Climate Change Research

The Pew Center on Global Climate Change, which seeks market-based solutions to global warming, is turning to corporate sponsors after losing $3.5 million a year in support from a charitable trust.

The center announced the change and its new name, the Center for Climate and Energy Solutions, at a press briefing, said Eileen Claussen, founder and president of the group. Royal Dutch Shell Plc, Hewlett-Packard Co. and Entergy Corp. are stepping in with long-term funding for the group, Claussen said.