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Businesses Support New Bill to Set a National Price on Carbon

For Immediate Release: 
July 26, 2017

“Extreme weather events and other effects of climate change disrupt supply chains, increase insurance premiums, and kill jobs by shutting down businesses.”

Contact Info
Bob Keener
ASBC
617-610-6766

WASHINGTON, D.C. (July 26, 2017) – In support of legislation introduced to set a national price on carbon, the American Sustainable Business Council (ASBC), which has a national network of members representing over 250,000 businesses, released the following statement: 

“Businesses want to see action from Congress because extreme weather events and other effects of climate change disrupt supply chains, increase insurance premiums, and kill jobs by shutting down businesses,” said Richard Eidlin Co-founder and Vice President of Policy. “Putting a meaningful price on carbon, as proposed in this bill, would allow us to reduce emissions and support  economic growth. Senators Whitehouse and Schatz have a proposal that balances the needs of business and the American economy with the very real risks posed by climate change.”

The legislation, the American Opportunity Carbon Fee Act, was filed by Senators Sheldon Whitehouse (RI) and Brian Schatz (HI). It is designed to reduce greenhouse gas emissions and boost the U.S. economy. Companion legislation in the U.S. House of Representatives was filed by Earl Blumenauer (OR) and David Cicilline (RI). ASBC has long-supported setting a price for carbon as the most business-friendly way to effectively address climate change.

The American Sustainable Business Council advocates for policy change and informs business owners and the public about the need and opportunities for building a vibrant, sustainable economy. Through its national member network it represents more than 250,000 business owners, executives and investors from a wide range of industries. www.asbcouncil.org