Statement by Ceres President Mindy S. Lubber in Response to White House Announcement: American Business Act on Climate Pledge

"This $140 billion in low-carbon investments are exactly the kinds of commitments we need to boost clean energy projects and other low-carbon solutions globally,” said Mindy Lubber, president of the sustainability advocacy nonprofit group Ceres.  “Scaling such investments by an additional $1 trillion a year - what we call the Clean Trillion - is the only way to limit global warming to 2 degrees Celsius and avoid the worst impacts of climate change.

While this business leadership is encouraging, voluntary commitments alone will not get us the meaningful reductions we need.  Strong carbon-reducing policies are hugely important, beginning with final EPA rules to curb US power plant emissions by 30 percent.

We applaud this effort by these 13 corporate leaders, including five Ceres member companies, Apple, PepsiCo, Bank of America, Coca-Cola and General Motors. With these Fortune 100 companies at its back, the White House is sending a strong signal that America is ready for a serious global climate deal at the upcoming Paris talks."

Read more at Statement by Ceres President Mindy S. Lubber in Response to White House Announcement:  American Business Act on Climate Pledge