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An Open Letter to the President and Congress from American Business

| Thursday June 25th, 2009 | 0 Comments

 

In anticipation of a “historic” House vote on Friday that will decide that fate of the American Clean Energy and Security Act of 2009 (H.R.2454) sponsored by Henry Waxman and Edward Markey, 20 of America’s leading corporations have sent an open letter to President Obama and Congress calling for definitive action and passage of climate and energy legislation that will help usher in a new energy economy, saying, in part:

Putting a price on carbon will drive investment into cost-saving, energy-saving technologies, and will create the next wave of jobs in the new energy economy

The letter, dubbed the “We Can Lead” campaign, is part of a broader effort lending support for passage of the legislation, even in the face of unprecedented lobbying from vested interests opposed to the bill (or any real action at all on climate and sustainable energy).

Among the more visionary and, for that matter, realistic companies pushing back against the enormous lobbying effort include Nike, Starbucks, HP, Duke Energy, PG&E, and Levi-Strauss (see Deborah Fleischer’s post for more about the companies involved).

The Waxman-Markey bill passed the House Energy and Commerce Committee last month, and faces what is expected to be a very close vote in the full House tomorrow. From there the bill moves to the Senate, where senators are drafting parallel legislation.

The full text of the We Can Lead open letter follows:

We Can Lead, an open letter from American business

We are business leaders from companies of all sizes and many sectors calling for your leadership to ensure America’s prosperous, competitive future.

We need you to swiftly enact comprehensive legislation to cut carbon pollution and create an economy-wide cap and trade program.

We support this legislation because certainty and rules of the road enable us to plan, build, innovate and expand our businesses. Putting a price on carbon will drive investment into cost-saving, energy-saving technologies, and will create the next wave of jobs in the new energy economy.

Climate and energy legislation that caps carbon and supports clean energy will keep inventions here, keep innovative companies here, and keep the newly-created jobs in engineering, manufacturing and installation here in the US.

For the United States to compete and lead, you must act. It is time for the Administration and Congress to embrace this economic opportunity so that our workers and entrepreneurs can lead the way.

Some of America's most prominent businesses have signed the We Can Lead open letter

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