Hundreds of major companies yesterday urged president-elect Donald Trump to uphold the Paris climate agreement, which he has vowed to “cancel” once he’s in the White House.
“We want the US economy to be energy efficient and powered by low-carbon energy,” the businesses said in a letter to Trump, President Obama and other elected officials released at the COP22 climate negotiations in Marrakech. “Cost-effective and innovative solutions can help us achieve these objectives. Failure to build a low-carbon economy puts American prosperity at risk. But the right action now will create jobs and boost US competitiveness.”
About 365 businesses and investors signed the letter, including DuPont, Gap, General Mills, Hewlett Packard Enterprises, Hilton, HP Inc., Kellogg, Levi Strauss & Co., L’Oreal USA, Nike, Mars Incorporated, Schneider Electric, Starbucks, VF Corporation and Unilever. It specifically asks US elected leaders to support:
It comes as the Obama administration at COP22 announced a long-term goal for reducing greenhouse gas emissions at least 80 percent from 2005 levels by 2050. The White House also issued a plan for how to achieve this climate target.
Also yesterday the Science Based Targets initiative announced that 200 companies have now committed to set emissions reduction targets consistent with the global effort to keep temperatures well below the 2-degree threshold. The initiative, a partnership between CDP, World Resources Institute, WWF and the UN Global Compact, says more than two companies per week have committed to set science-based targets over the past year.
Of the 200, 26 companies have had their targets approved by the initiative, including Coca Cola Enterprises, Dell, General Mills, Kellogg, NRG Energy, Procter & Gamble, Sony and Thalys. Some of the newly approved targets include: