Fourteen major corporations based or operating in the U.S. have voiced strong support for the adoption of a new global settlement agreement. The companies endorsed a statement organized by the Center for Climate and Energy Solutions (C2ES) calling for negotiators at the UN Climate Change Conference in Paris to adopt “a more balanced and durable multilateral framework guiding and strengthening national efforts to address climate change.” The corporations supporting the C2ES statement include Alcoa, Alstrom, BHP Billiton, BP, Calpine, HP, Intel, Lafargeholcim, National Grid, PG&E, Rio Tinto, Schneider Electric, Shell, and Siemens Corporation.
The statement speaks to how a meaningful agreement could strengthen the role of and minimize risks to the private sector in the following ways:
- Providing long term direction on decarbonizing the global economy
- Promoting transparency about international policy intentions and domestic policy landscapes
- Addressing competitiveness by encouraging major economies to contribute their fair share to help ease carbon-related concerns
- Facilitating carbon pricing to promote international carbon trading
The UN Climate Change Conference in Paris will be held later this year from November 30 through December 11. More information about this important meeting can be found at https://www.cop21.gouv.fr/en.