A leading CEO group wants the federal government, including Congress, to enact market-based climate-change policies largely in line with those laid out in the voluntary Paris pact that President Trump has abandoned.
That includes attaching a price to carbon.
In a release Wednesday, Business Roundtable members are calling on the private and public sectors to work together to limit the global temperature rise this century to well below 2 degrees Celsius above pre-industrial levels, consistent with the goals of the multi-country Paris Agreement. In the U.S., this means reducing net-greenhouse gas emissions by at least 80% by 2050 as compared to 2005 levels.
It’s an attitude shift that has evolved in the decade or so since Congress tried to advance comprehensive climate-change legislation and the last time the Roundtable issued guiding principles on climate in 2007, although some individual corporations have pushed ahead with their own plans for promoting renewable