Home Climate justice Ceres: Major U.S. Businesses Call for Swift Passage of Ambitious Federal Climate Policy to Build a Clean, Affordable and Competitive Economy

Ceres: Major U.S. Businesses Call for Swift Passage of Ambitious Federal Climate Policy to Build a Clean, Affordable and Competitive Economy

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CEOs and other top executives from dozens of influential U.S. companies, including CommonSpirit Health, DSM North America, General Motors, LafargeHolcim, New Belgium Brewing, Salesforce, Siemens USA, among others, will meet with congressional offices to seek passage fast-track federal reconciliation bill that includes historic investments in climate, clean energy and environmental justice. (Credit: Ceres.org)

The CEOs and other top executives of dozens of influential American companies, including Siemens United States, CommonSpirit Health, DSM North America, General Motors, Lafarge Holcim, New Belgian Breweryand selling power, will meet with congressional offices this week to seek swift passage of a federal reconciliation bill that includes historic investments in climate, clean energy and environmental justice.

The companies are calling on Congress to quickly approve a reconciliation package with $550 billion in fiscally sound investments in clean energy, transportation, industry and agriculture, and environmental justice, at its foundation. Companies and their investors support these measures as they will reduce costs for businesses and consumers, strengthen domestic manufacturing of affordable and reliable clean energy technologies to meet growing global demand, strengthen supply chains against delays and disruption and provide much needed benefits to disadvantaged communities. . Passing such a package in the coming weeks is essential if the United States is to have any chance of meeting its goal of halving emissions by 2030 and building a fairer and more equitable economy before it’s not too late.

“Once again, major employers in the U.S. economy are showing lawmakers that they understand the urgency of ambitious action on climate policy to keep the nation competitive,” said Zach Friedman, Director of Federal Policy at Ceres. “Passing a package with the $550 billion in clean energy investments will help build an economy where American workers, businesses and families can thrive. Now is the time for lawmakers to wrap up and to accept a reconciliation agreement with climate, clean energy and environmental justice at its founding.”

This week’s meetings come as President Joe Biden and House and Senate lawmakers prepare to restart negotiations on a budget reconciliation package. Businesses and investors have spent the past year advocating for federal action on climate policy that will put the United States in the strongest possible position to deal with the threat of the climate crisis on the world. economy and financial markets, reduce utility costs with reliable and affordable clean energy, and capitalize on the economic opportunities of the clean energy transition.

In December, more than 400 investors and companies of all sizes and industries across the country sent a letter to members of Congress calling for the “swift enactment” of historic climate investments included in the Build Back Better reconciliation package. Signatories include BYes, Burtthe beesDanone North America, at Dr. Bronner’s, DS Smith, Elk Packaging, Novozymes North America, Sierra Nevada Brewing Co, and Unilever.