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CEOs Urge Action to Combat Climate Change
The consequences of global warming are potentially serious and far-reaching and steps should be taken now to reduce greenhouse gas emissions, according to a statement from more than 160 CEOs from across the country.
The consequences of global warming are potentially serious and far-reaching and steps should be taken now to reduce greenhouse gas emissions, according to a statement from more than 160 CEOs from across the country.
The statement was released by the Business Roundtable, made up of 160 CEO from every sector of the U.S. economy, representing $4.5 trillion in annual revenues and more than 10 million employees.
According to the statement, “Because the consequences of global warming for society and ecosystems are potentially serious and far-reaching, steps to address the risks of such warming are prudent now even while the science continues to evolve."
The group did not endorse a specific approach to reducing emissions, but it offered a set of key policy benchmarks as Congress weighs its options. According to the Business Roundtable, policies should be effective in reducing emissions, maximize the use of markets, encourage technology solutions, be cost-effective, provide certainty to companies, and foster innovation and new business opportunities.
Business Roundtable members supporting the statement also include major energy interests, including the ExxonMobil Corporation, Peabody Energy Company, and Southern Company.
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