BICEP Statement on US & China Agreement
President Obama pats Chinese President Xi Jinping on the shoulder at the end of their news conference in the Great Hall of the People in Beijing on November 12, 2014 (REUTERS)
Business for Innovative Climate & Energy Policy (BICEP) welcomes today's historic agreement by the U.S. and China to address climate change. the unprecedented commitment will inject momentum into the upcoming global climate negotiations in Paris bringing the world closer to an international deal. The agreement highlights the robust economic opportunity that tackling climate change represents. It will give confidence to both companies and investors to support clean energy investment and technological innovation that will ensure the necessary capacity to meet or exceed the stated targets. Other nations should follow suit and set ambitious goals that will magnify and enhance the leadership demonstrated by the U.S. & China today.
BICEP Companies Advocate for Climate Action in Washington
Companies congregated in New York for the People’s Climate March, the launch of Climate Week, and the UN Climate Summit. Companies are taking bold steps: committing to policy advocacy, making new sustainability commitments, and calling on the world’s nations to act.
Climate change impacts nearly every sector and industry of the economy, and the beer brewing industry is no exception.
California’s AB 32 is working. The strongest climate and energy policy of any state in the nation, AB 32 has shown that programs like a cap and trade program, energy efficiency incentives, and strong renewable energy policies can build a robust and sustainable economy. That’s why BICEP members sprang into action when a bill to weaken and delay its implementation was introduced in the California legislature this year.
The Environmental Protection Agency Administrator Gina McCarthy announced last week that under the newly unveiled Clean Power Plan our nation’s power plants will reduce carbon emissions by 30% below 2005 levels by 2020. The Clean Power Plan is the single largest action a nation has ever taken to reduce its greenhouse gas emissions, and Climate Declaration companies were quick to support it.