Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

"Biden's Unlikely New Ally On Climate Change: Corporate America"

"Donald Trump called climate change “a Chinese hoax” and said global emissions goals would be “very hard on our business.” But when the former president pulled the U.S. out of the Paris accord in 2017, there was no celebrating in the C-suite.

Instead, Corporate America went where the federal government wouldn’t, with companies issuing their own Paris-aligned pledges even without pressure from regulators. The We Are Still In campaign — hundreds of corporate leaders, nonprofits and cities — was born and had an outsized presence at climate meetings that year in Bonn, where several companies committed to targets for cutting emissions.

Now those business leaders have allied with President Joe Biden to push Congress to do its part. Executives who stepped into the vacuum left by Trump say they need Washington to standardize corporate risk disclosure, modernize the electrical grid, price carbon, and put money into technology if the U.S. is to meet its goal on greenhouse gas emissions."

Lorraine Woellert reports for Politico April 27, 2021.

Source: Politico, 04/28/2021