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FOR IMMEDIATE RELEASE

Statement from Ceres President Mindy Lubber on President Obama's State of the Union Address

Following President Barack Obama’s State of the Union address, Ceres has released a statement from Ceres President Mindy Lubber.
For more information, contact
Boston, MA Feb 13, 2013

Following President Barack Obama’s State of the Union address, Ceres released this statement from Ceres President Mindy Lubber:

"Ceres applauds President Obama's commitment to combat climate change in the State of the Union.

"We agree with the President: it is too expensive not to act on climate change. As the President noted, climate change increases the risk of extreme weather - heat waves, droughts, wildfires, and floods - and is already imposing significant costs on taxpayers and businesses.

"Ceres hopes Congress will enact a bipartisan, market-based solution to climate change, but if Congress fails to act, Ceres supports the President taking executive actions to reduce pollution, prepare communities for the consequences of climate change, and speed the transition to clean energy.

"Ceres believes that the Clean Air Act currently presents the best option for reducing carbon pollution from power plants - the largest source of carbon pollution in the United States.  We hope this Administration will quickly finalize the proposed Carbon Pollution Standard for New Power Plants and, as required by the Clean Air Act, move forward to propose a carbon reduction program for existing power plants.

"The future of the U.S. economy depends on taking decisive action to reduce greenhouse gas emissions and prepare for the impacts of climate change.  Policies to tackle climate change will spur investment in cleaner technologies, boost economic growth and create jobs."

For more information:

Peyton Fleming, cell: 617-733-6660, fleming@ceres.org

About Ceres

Ceres is an advocate for sustainability leadership.  Ceres mobilizes a powerful coalition of investors, companies and public interest groups to accelerate and expand the adoption of sustainable business practices and solutions to build a healthy global economy. Ceres also directs the Investor Network on Climate Risk (INCR), a network of 100 institutional investors with collective assets totaling more than $11 trillion.

For more information, visit http://www.ceres.org

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