CEOs of Major Companies Call on U.S. Congress to Set a National Price on Carbon

CEOs and other representatives of more than 75 U.S. businesses and trade associations, with combined market valuations of nearly $2.5 trillion, call for federal climate action including carbon pricing
May 23, 2019 11:00 AM ET

Originally published on the Ceres News Center

Today, more than 75 businesses including eBay, Exelon, Gap, Levi's, Nike, Mars Incorporated, Microsoft, PepsiCo, Tesla and others will meet with a bipartisan group of federal lawmakers to call on Congress to pass meaningful climate legislation, including a price on carbon. Collectively, today’s Lawmaker Education & Advocacy Day (LEAD) on Carbon Pricing is the largest business gathering on the Hill to advocate for climate legislation in over a decade.

The participating businesses include 21 Fortune 500 companies as well as trade associations, medium and small businesses from all 50 states, collectively representing combined annual revenues of more than $2.5 trillion, a combined market valuation of nearly $2.5 trillion, and more than 1 million U.S. employees. The businesses calling for a meaningful national carbon price span across the American economy, including retail giants, manufacturers, oil majors, healthcare services, food and beverage companies, outdoors industries, technology companies, and energy providers. A full list of business participants can be found here.

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