May 30, 2017
At the G7 Summit concluded this past weekend, on the Paris Agreement on climate change, with a decision . 911爆料网 urges the United States to remain in the Paris Agreement on climate change. In this we are joined by the , by some of the , and by who have reaffirmed their commitment to American participation in the Paris Agreement.
We are confident that the business community will continue to lead on climate action, following the vision of the Paris Agreement, informed by climate science, and driven by the business imperative for innovation, jobs, and growth. U.S. participation in and implementation of the Paris Agreement would speed our transition to a resilient, low-carbon economy, enable American and global businesses to face the future with confidence, and spark innovation that will create shared prosperity.
Although the U.S. administration is pulling back from its leadership at home and abroad, incredible momentum on climate action remains. The business community is increasingly reducing greenhouse gas emissions and building climate resilience in line with the Paris Agreement. We anticipate that this leadership will accelerate, as companies set and implement targets for their own operations and throughout the vast global footprint of their value chains, and protect workers in these value chains from inevitable climate impacts.
For example, aims to remove one billion tons of emissions from its supply chain by 2030—equal to the annual emissions of Germany. And last week based on climate science to remove 100 million tons of emissions—equal to the annual emissions of Greece. to setting science-based targets which represent their share of keeping warming well below 2°C. General Mills has , from farm to fork to landfill.
The low-carbon economy will take the lion’s share of finance in coming years. Annual renewable energy investment has grown from US$45 billion to more than US$270 billion over the last decade—by a factor of six. Through 2040, .
The low-carbon economy will also generate innovation and jobs. For instance, Goldman Sachs predicts that , and battery cells by 2020 that are 30-35 percent cheaper than they are today. The solar and wind industries are both creating jobs than the rest of the U.S. economy. Smart policy incentives will accelerate this low-carbon innovation, bringing wide economic benefits.
Together, we’re building a resilient, low-carbon economy that enables growth, good jobs, security, strong communities, and a healthy planet. We believe the business community understands the inevitability of the low-carbon transition and recognizes the opportunity it represents. U.S. withdrawal from the Paris Agreement, and the withdrawal of domestic policies which implement the agreement, are major errors which would weaken our economy, our health, and our environment.
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