OldTrapper
Council Member
Corporate America is changing not only in its attitude towards wages, but against the Trump policies on Climate Change. Not only are they increasing wages, it is climate change they are now supporting:
https://www.axios.com/the-big-corporate-shift-on-climate-change-1edea61e-ca43-4df9-a293-d42e00f08caa.html
Corporate America is calling on Congress to pass big climate policy in the most aggressive and united way since 2009.
Driving the news: Companies across virtually all sectors of the economy, including big oil producers, are beginning to lobby Washington, D.C., to put a price on carbon dioxide emissions.
A new coalition launched last week, a similar advocacy campaign is unveiling new corporate money today, and in yet another separate but parallel effort, executives from more than 75 companies will be on Capitol Hill this week lobbying on the issue.
The intrigue: This is happening against a tumultuous background that may not welcome such a shift.
On one side, President Trump outright dismisses climate change as a serious issue.
On the other, a loud chorus of environmentalists and progressive leaders, led by Rep. Alexandria Ocasio-Cortez and presidential candidate Bernie Sanders, say big corporations — especially fossil-fuel producers — can’t be trusted.
Where it stands: Three separate but similar corporate-led campaigns are calling for an explicit price on carbon emissions.
3 big energy companies — Shell, BP and EDF Renewables — have committed new funding over the next 2 years, to a lobbying group, called Americans for Carbon Dividends. Shell and BP are offering $1 million each and EDF is promising $200,000. That group wants Congress to pass policy putting a tax (backers call it a fee) on carbon and returning the money raised to consumers. It already has funding from numerous other big companies, including ExxonMobil and ConocoPhillips.
In a sign of the influence of investors, the nonprofit Ceres, which works on sustainable investments, is organizing a lobbying push this week with more than 75 companies, including BP, Microsoft and Tesla.
A new coalition of more than a dozen major corporations and four environmental groups launched last week to urge Congress to pass legislation putting a price on CO2 emissions.
“They see a rising public demand for action and they’re smart enough to know this extreme denial of the Trump era will not last and may be coming to a halt in 2020,” said David Doniger, a strategic director at the Natural Resources Defense Council, an environmental group not officially connected to any of these new campaigns.
The big picture: Several years-long trends are driving corporations to ask for government policy — but it’s not really about saving the planet. It’s about investor and legal pressure, falling prices for renewable energy, new bounties of cleaner-burning natural gas and growing public concern about a warming planet’s impacts.
The fervor around the Green New Deal, backed by AOC and Sanders, has accelerated this shift among businesses, which are worried about the far-reaching impacts of that progressive proposal.
https://www.axios.com/the-big-corporate-shift-on-climate-change-1edea61e-ca43-4df9-a293-d42e00f08caa.html
Corporate America is calling on Congress to pass big climate policy in the most aggressive and united way since 2009.
Driving the news: Companies across virtually all sectors of the economy, including big oil producers, are beginning to lobby Washington, D.C., to put a price on carbon dioxide emissions.
A new coalition launched last week, a similar advocacy campaign is unveiling new corporate money today, and in yet another separate but parallel effort, executives from more than 75 companies will be on Capitol Hill this week lobbying on the issue.
The intrigue: This is happening against a tumultuous background that may not welcome such a shift.
On one side, President Trump outright dismisses climate change as a serious issue.
On the other, a loud chorus of environmentalists and progressive leaders, led by Rep. Alexandria Ocasio-Cortez and presidential candidate Bernie Sanders, say big corporations — especially fossil-fuel producers — can’t be trusted.
Where it stands: Three separate but similar corporate-led campaigns are calling for an explicit price on carbon emissions.
3 big energy companies — Shell, BP and EDF Renewables — have committed new funding over the next 2 years, to a lobbying group, called Americans for Carbon Dividends. Shell and BP are offering $1 million each and EDF is promising $200,000. That group wants Congress to pass policy putting a tax (backers call it a fee) on carbon and returning the money raised to consumers. It already has funding from numerous other big companies, including ExxonMobil and ConocoPhillips.
In a sign of the influence of investors, the nonprofit Ceres, which works on sustainable investments, is organizing a lobbying push this week with more than 75 companies, including BP, Microsoft and Tesla.
A new coalition of more than a dozen major corporations and four environmental groups launched last week to urge Congress to pass legislation putting a price on CO2 emissions.
“They see a rising public demand for action and they’re smart enough to know this extreme denial of the Trump era will not last and may be coming to a halt in 2020,” said David Doniger, a strategic director at the Natural Resources Defense Council, an environmental group not officially connected to any of these new campaigns.
The big picture: Several years-long trends are driving corporations to ask for government policy — but it’s not really about saving the planet. It’s about investor and legal pressure, falling prices for renewable energy, new bounties of cleaner-burning natural gas and growing public concern about a warming planet’s impacts.
The fervor around the Green New Deal, backed by AOC and Sanders, has accelerated this shift among businesses, which are worried about the far-reaching impacts of that progressive proposal.
