WASHINGTON, Sept 16 (Reuters) – The Business Roundtable, a grouping of CEOs from some of the biggest U.S. companies, announced on Wednesday it supports market-based carbon pricing to fight climate change, a shift from the past when the group was divided on the issue.
The lobbying group, representing over 200 major U.S. corporations ranging for Amazon.com to Chevron, said it supported slashing U.S. greenhouse gas emissions 80% below 2005 levels by 2050 to help limit global temperature rise to 2 degrees Celsius above pre-industrial levels, in line with the Paris Agreement international climate deal.
“The new Business Roundtable position on climate change reflects our belief that a national market-based emissions reduction policy is critical to reducing greenhouse gas emissions to levels designed to avoid the worst effects and mitigate the impacts of climate change,” said Doug McMillon, chief executive of Walmart and chairman of the Business Roundtable. Read more…..
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