A group of 140 companies operating in California, including General Motors, Apple, eBay, Intel, Gap, Levi Strauss, Nestle, Symantec, North Face and Acer, have placed their weight behind an ambitious Climate Declaration that exhorts policymakers in the United States to address the challenges of climate change with a sense of urgency.
The declaration says that the U.S. needs to undertake a comprehensive and coordinated effort to combat climate change in order to retain its global economic competitiveness and maintain the American way of life. The group of companies has called upon lawmakers to deliver ambitious action on climate change with the release of their new version of the Climate Declaration that was formulated last year. The declaration supports policies that serve to cut carbon emissions and promote investments in clean technologies.
The declaration was originally brought out by the Ceres group of sustainable investors and Business for Innovative Climate and Energy Policy (BICEP) group last year. It was backed by more than 750 U.S. companies. Ceres has stated that the companies that have signed the Climate Declaration recognize the inherent financial benefits of tackling climate change today, both for their own profitability as well as the national economy.
The new version of the declaration brings into focus the commitment of many of the major businesses in California towards firm action on climate change and argues in support of the economic advantages of a low-carbon economy. The new preamble to the declaration states that California is the worldâ€™s eighth largest economy and a champion of clean energy progress and innovation.
The companies that have signed the declaration have reiterated a growing world view that addressing climate change can be the biggest economic opportunity of our time. Reduction in GHG emissions, development of renewable energy and alternative transportation fuels and preservation of clean water are some of the key areas that will produce economic benefits apart from protecting the environment for the current and future generations.
Image Credit:Â FlickrÂ via Takver