November 20, 2008

Big Brands Form Climate Change Business Coalition

Bookmark and Share Email this story Print this post Add your comments

Five major U.S. companies are calling for congressional action on climate change and clean energy. Nike, Levi Strauss, Starbucks, Sun Microsystems, and Timberland launched a new business coalition called Business for Innovative Climate and Energy Policy.

The group’s goal is to work directly with the business community and members of Congress to pass energy and climate change legislation that is consistent with the following eight principles:

1. Set GHG reduction targets to at least 25 percent below 1990 levels by 2020 and 80 percent below 1990 levels by 2050.
2. Establish a GHG cap-and-trade system that auctions 100 percent of carbon pollution allowances.
3. Establish energy efficiency policies to achieve at least a doubling of the historic rate of energy efficiency improvement.
4. Promote fuel-efficient vehicles, plug-in electric hybrids, low-carbon fuels, and transit-oriented development.
5. Increase investment in energy efficiency, renewables and carbon capture and storage technologies while eliminating subsidies for fossil-fuel industries.
6. Stimulate job growth by investing in climate-based solutions, especially “green-collar” jobs in low-income communities and others vulnerable to climate change’s economic impact.
7. Require 20 percent of electricity to be generated from renewable energy sources by 2020, and 30 percent by 2030.
8. Limiting new coal-fired power plants to those that capture and store carbon emissions and phase out those that don’t fit the standard by 2030.

Bookmark and Share Email this story Print this post Add your comments

Advertisers

Join the Discussion

Get EL Daily in your inbox, subscribe to free newsletter

Recent Daily News [ see all ]

  • 02/09/2010
  • 02/08/2010
  • 02/05/2010

Recent Jobs

Post a Job
Jobs powered by Simply Hired

Comments and Discussions

John Bergdoll on Accidental to Purposeful Sustainability: Using What You Already Have to Grow Sustainability
"I was following the logic your article..."

Liz Amason on Clorox Comes Clean With Chemical Content on Web Site
"But look at their ingredients listings. For example, their regular liquid bleach..."

Rigidflexibility on Companies Going Green Should Ignore Green Consumer
"I was about to market a metal working fluid that is 98>% Soybean oil and..."

Stuart on Canadian Environment Minister Denounces Quebec Vehicle Emissions Regs
"Canadians have been waiting for the feds to act on climate change for..."

Steve Wolford on Sports Teams Embrace Sustainability
"Hello Environmental Leader, We just returned from the National Sport Forum in Baltimore. Team and..."

Mauibrad on Bipartisan Senatorial Effort Seeks Cap and Trade for non-CO2 Emissions
"Finally some enlightened ideas out of Congress!"

Cameron Green on Data Centers Can Apply for Energy Star Rating in June
"I did a blog post about this. Essentially PUE doesn’t give you very much..."